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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_dei_DocumentFiscalYearFocus" xml:lang="en-US">Document Fiscal Year Focus</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TemporaryEquityAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_TemporaryEquityAbstract"/>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TemporaryEquityCarryingAmountAttributableToParent" xlink:label="loc_5044688112K29H60F50I_us-gaap_TemporaryEquityCarryingAmountAttributableToParent"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_TemporaryEquityCarryingAmountAttributableToParent" xml:lang="en-US">Temporary Equity, Carrying Amount, Attributable To Parent</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_TemporaryEquityCarryingAmountAttributableToParent" xml:lang="en-US">Series A Perpetual Convertible Preferred stock, $.01 par value; 200,000 shares authorized; 162,000 shares issued and outstanding at June 30, 2013 and December 31, 2012; redemption value $162,000 plus accrued and unpaid dividends</label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_AssetsAbstract" xml:lang="en-US">Assets [Abstract]</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:label="loc_HF4325JKIF32_us-gaap_LoansHeldForSaleFairValueDisclosure"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LoansHeldForSaleFairValueDisclosure" xml:lang="en-US">Balance at December 31, 2012</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LoansHeldForSaleFairValueDisclosure" xml:lang="en-US">Balance at June 30, 2013</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:to="lab_JH6547LMKH54_us-gaap_LoansHeldForSaleFairValueDisclosure"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_Advances" xlink:label="loc_5044688112K29H60F50I_ocn_Advances"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_Advances" xml:lang="en-US">Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_Advances" xml:lang="en-US"></label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_Advances" xml:lang="en-US">Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_Advances" xml:lang="en-US">Carrying amount as of the balance sheet date of non-interest-bearing advances made on loans serviced for others. Includes receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Also includes receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_Advances" xlink:to="lab_7266800334M41J82H72K_ocn_Advances"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MatchFundedAdvances" xlink:label="loc_HF4325JKIF32_ocn_MatchFundedAdvances"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedAdvances" xml:lang="en-US">Match Funded Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedAdvances" xml:lang="en-US">Match funded advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedAdvances" xml:lang="en-US">Carrying amount of accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) accounted for as secured borrowings recognized in the transferor's statement of financial position at the end of each period presented.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MatchFundedAdvances" xlink:to="lab_JH6547LMKH54_ocn_MatchFundedAdvances"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValue" xlink:label="loc_5044688112K29H60F50I_us-gaap_ServicingAssetAtAmortizedValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtAmortizedValue" xml:lang="en-US">Servicing Asset at Amortized Cost</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtAmortizedValue" xml:lang="en-US">Mortgage servicing rights, at amortized cost</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtAmortizedValue" xml:lang="en-US">Balance at December 31</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtAmortizedValue" xml:lang="en-US">Balance at June 30</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ServicingAssetAtAmortizedValue" xlink:to="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtAmortizedValue"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmount" xlink:label="loc_HF4325JKIF32_us-gaap_ServicingAssetAtFairValueAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtFairValueAmount" xml:lang="en-US">Servicing Asset at Fair Value, Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtFairValueAmount" xml:lang="en-US">Servicing asset at fair value, amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtFairValueAmount" xml:lang="en-US">Mortgage servicing rights, at fair value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtFairValueAmount" xml:lang="en-US">Balance at December 31, 2012</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtFairValueAmount" xml:lang="en-US">Balance at June 30, 2013</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ServicingAssetAtFairValueAmount" xlink:to="lab_JH6547LMKH54_us-gaap_ServicingAssetAtFairValueAmount"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherReceivables" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherReceivables"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherReceivables" xml:lang="en-US">Receivables, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherReceivables" xml:lang="en-US">Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherReceivables" xml:lang="en-US">Receivables, net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OtherReceivables" xlink:to="lab_7266800334M41J82H72K_us-gaap_OtherReceivables"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_HF4325JKIF32_us-gaap_DeferredTaxAssetsNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DeferredTaxAssetsNet" xml:lang="en-US">Deferred Tax Assets, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DeferredTaxAssetsNet" xml:lang="en-US">Deferred tax assets, net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DeferredTaxAssetsNet" xlink:to="lab_JH6547LMKH54_us-gaap_DeferredTaxAssetsNet"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_5044688112K29H60F50I_us-gaap_Goodwill"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_Goodwill" xml:lang="en-US">Goodwill</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_Goodwill" xml:lang="en-US">Goodwill on acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_Goodwill" xml:lang="en-US">Goodwill</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_Goodwill" xml:lang="en-US">Balance at December 31, 2012</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_Goodwill" xml:lang="en-US">Balance at June 30, 2013</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_Goodwill" xlink:to="lab_7266800334M41J82H72K_us-gaap_Goodwill"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_HF4325JKIF32_us-gaap_PropertyPlantAndEquipmentNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PropertyPlantAndEquipmentNet" xml:lang="en-US">Premises and Equipment, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PropertyPlantAndEquipmentNet" xml:lang="en-US">Premises and equipment, net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PropertyPlantAndEquipmentNet" xlink:to="lab_JH6547LMKH54_us-gaap_PropertyPlantAndEquipmentNet"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DebtServiceAccounts" xlink:label="loc_5044688112K29H60F50I_ocn_DebtServiceAccounts"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DebtServiceAccounts" xml:lang="en-US">Debt Service Accounts</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DebtServiceAccounts" xml:lang="en-US">Debt service accounts</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DebtServiceAccounts" xml:lang="en-US">Includes amounts collected on pledged advances to be remitted to the trustee which have not yet been applied to reduce the related match funded debt. The balance also includes amounts that have been set aside from the proceeds of match funded advance facilities to provide for possible shortfalls in the funds available to pay certain expenses and interest. These funds are held in interest earning accounts.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_DebtServiceAccounts" xlink:to="lab_7266800334M41J82H72K_ocn_DebtServiceAccounts"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_HF4325JKIF32_us-gaap_OtherAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_OtherAssets" xml:lang="en-US">Other Assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherAssets" xml:lang="en-US">Other assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherAssets" xml:lang="en-US">Other assets</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_OtherAssets" xlink:to="lab_JH6547LMKH54_us-gaap_OtherAssets"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Assets" xlink:label="loc_5044688112K29H60F50I_us-gaap_Assets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_Assets" xml:lang="en-US">Assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_Assets" xml:lang="en-US">Balance as of</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_Assets" xml:lang="en-US">Total assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_Assets" xml:lang="en-US">Total assets</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_Assets" xlink:to="lab_7266800334M41J82H72K_us-gaap_Assets"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_LiabilitiesAndStockholdersEquityAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_LiabilitiesAndStockholdersEquityAbstract" xml:lang="en-US">Liabilities and Stockholders' Equity [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LiabilitiesAndStockholdersEquityAbstract" xml:lang="en-US">Liabilities, Mezzanine Equity and Stockholders' Equity</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_LiabilitiesAndStockholdersEquityAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_LiabilitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_LiabilitiesAbstract" xml:lang="en-US">Liabilities [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_LiabilitiesAbstract" xml:lang="en-US">Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_LiabilitiesAbstract" xml:lang="en-US">Liabilities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_LiabilitiesAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_LiabilitiesAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MatchFundedLiabilities" xlink:label="loc_HF4325JKIF32_ocn_MatchFundedLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedLiabilities" xml:lang="en-US">Match Funded Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedLiabilities" xml:lang="en-US">Balance Outstanding</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedLiabilities" xml:lang="en-US">Match funded liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedLiabilities" xml:lang="en-US">Carrying amount of liabilities associated with accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) accounted for as secured borrowings recognized in the transferor's statement of financial position at the end of each period presented.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MatchFundedLiabilities" xlink:to="lab_JH6547LMKH54_ocn_MatchFundedLiabilities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherBorrowings" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherBorrowings"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherBorrowings" xml:lang="en-US">Other Borrowings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherBorrowings" xml:lang="en-US">Balance Outstanding</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherBorrowings" xml:lang="en-US">Other borrowings</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OtherBorrowings" xlink:to="lab_7266800334M41J82H72K_us-gaap_OtherBorrowings"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_HF4325JKIF32_us-gaap_OtherLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_OtherLiabilities" xml:lang="en-US">Other Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherLiabilities" xml:lang="en-US">Other liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherLiabilities" xml:lang="en-US">Total other liabilities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_OtherLiabilities" xlink:to="lab_JH6547LMKH54_us-gaap_OtherLiabilities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_5044688112K29H60F50I_us-gaap_Liabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_Liabilities" xml:lang="en-US">Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_Liabilities" xml:lang="en-US">Total liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_Liabilities" xml:lang="en-US">Total liabilities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_Liabilities" xlink:to="lab_7266800334M41J82H72K_us-gaap_Liabilities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_HF4325JKIF32_us-gaap_CommitmentsAndContingencies"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_CommitmentsAndContingencies" xml:lang="en-US">Commitments and Contingencies</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CommitmentsAndContingencies" xml:lang="en-US">Commitments and Contingencies (Note 24)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_CommitmentsAndContingencies" xlink:to="lab_JH6547LMKH54_us-gaap_CommitmentsAndContingencies"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_StockholdersEquityAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockholdersEquityAbstract" xml:lang="en-US">Stockholders' Equity Attributable To Parent [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockholdersEquityAbstract" xml:lang="en-US">Stockholders' Equity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockholdersEquityAbstract" xml:lang="en-US">Stockholders' Equity</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_StockholdersEquityAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_StockholdersEquityAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_HF4325JKIF32_us-gaap_CommonStockValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_CommonStockValue" xml:lang="en-US">Common Stock, .01 Par Value 200,000,000 Shares Authorized 135,643,647 and 135,637,932 Shares Issued and Outstanding At March 31, 2013 and December 31, 2012, Respectively</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CommonStockValue" xml:lang="en-US">Common stock, $.01 par value; 200,000,000 shares authorized; 135,754,992 and 135,637,932 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_CommonStockValue" xlink:to="lab_JH6547LMKH54_us-gaap_CommonStockValue"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_5044688112K29H60F50I_us-gaap_AdditionalPaidInCapital"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AdditionalPaidInCapital" xml:lang="en-US">Additional Paid-In Capital</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AdditionalPaidInCapital" xml:lang="en-US">Additional paid-in capital</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AdditionalPaidInCapital" xlink:to="lab_7266800334M41J82H72K_us-gaap_AdditionalPaidInCapital"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_HF4325JKIF32_us-gaap_RetainedEarningsAccumulatedDeficit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_RetainedEarningsAccumulatedDeficit" xml:lang="en-US">Retained Earnings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RetainedEarningsAccumulatedDeficit" xml:lang="en-US">Retained earnings</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_RetainedEarningsAccumulatedDeficit" xlink:to="lab_JH6547LMKH54_us-gaap_RetainedEarningsAccumulatedDeficit"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_5044688112K29H60F50I_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xml:lang="en-US">Accumulated Other Comprehensive Loss, Net Of Income Taxes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xml:lang="en-US">Accumulated other comprehensive loss, net of income taxes</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:to="lab_7266800334M41J82H72K_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_HF4325JKIF32_us-gaap_StockholdersEquity"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_StockholdersEquity" xml:lang="en-US">Stockholders' Equity Attributable To Parent</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_StockholdersEquity" xml:lang="en-US">Total stockholders' equity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_StockholdersEquity" xml:lang="en-US">Total stockholders' equity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_JH6547LMKH54_us-gaap_StockholdersEquity" xml:lang="en-US">Balance at</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_JH6547LMKH54_us-gaap_StockholdersEquity" xml:lang="en-US">Balance at</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_StockholdersEquity" xlink:to="lab_JH6547LMKH54_us-gaap_StockholdersEquity"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_5044688112K29H60F50I_us-gaap_LiabilitiesAndStockholdersEquity"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_LiabilitiesAndStockholdersEquity" xml:lang="en-US">Liabilities and Equity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_LiabilitiesAndStockholdersEquity" xml:lang="en-US">Total liabilities, mezzanine equity and stockholders' equity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_LiabilitiesAndStockholdersEquity" xml:lang="en-US">Total liabilities, mezzanine equity and stockholders' equity</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="lab_7266800334M41J82H72K_us-gaap_LiabilitiesAndStockholdersEquity"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TemporaryEquityParOrStatedValuePerShare" xlink:label="loc_HF4325JKIF32_us-gaap_TemporaryEquityParOrStatedValuePerShare"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_TemporaryEquityParOrStatedValuePerShare" xml:lang="en-US">Temporary Equity, Par Or Stated Value Per Share</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_TemporaryEquityParOrStatedValuePerShare" xml:lang="en-US">Convertible preferred stock series A, par value (in dollars per share)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_TemporaryEquityParOrStatedValuePerShare" xlink:to="lab_JH6547LMKH54_us-gaap_TemporaryEquityParOrStatedValuePerShare"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TemporaryEquitySharesAuthorized" xlink:label="loc_5044688112K29H60F50I_us-gaap_TemporaryEquitySharesAuthorized"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_TemporaryEquitySharesAuthorized" xml:lang="en-US">Temporary Equity, Shares Authorized</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_TemporaryEquitySharesAuthorized" xml:lang="en-US">Convertible preferred stock series A, shares authorized</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_TemporaryEquitySharesAuthorized" xlink:to="lab_7266800334M41J82H72K_us-gaap_TemporaryEquitySharesAuthorized"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TemporaryEquitySharesIssued" xlink:label="loc_HF4325JKIF32_us-gaap_TemporaryEquitySharesIssued"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_TemporaryEquitySharesIssued" xml:lang="en-US">Temporary Equity, Shares Issued</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_TemporaryEquitySharesIssued" xml:lang="en-US">Convertible preferred stock series A, shares issued</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_TemporaryEquitySharesIssued" xlink:to="lab_JH6547LMKH54_us-gaap_TemporaryEquitySharesIssued"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TemporaryEquitySharesOutstanding" xlink:label="loc_5044688112K29H60F50I_us-gaap_TemporaryEquitySharesOutstanding"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_TemporaryEquitySharesOutstanding" xml:lang="en-US">Temporary Equity, Shares Outstanding</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_TemporaryEquitySharesOutstanding" xml:lang="en-US">Convertible preferred stock series A, shares outstanding</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_TemporaryEquitySharesOutstanding" xlink:to="lab_7266800334M41J82H72K_us-gaap_TemporaryEquitySharesOutstanding"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TemporaryEquityRedemptionValue" xlink:label="loc_HF4325JKIF32_us-gaap_TemporaryEquityRedemptionValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_TemporaryEquityRedemptionValue" xml:lang="en-US">Temporary Equity, Redemption Value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_TemporaryEquityRedemptionValue" xml:lang="en-US">Convertible preferred stock series A, redemption value (in dollars)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_TemporaryEquityRedemptionValue" xlink:to="lab_JH6547LMKH54_us-gaap_TemporaryEquityRedemptionValue"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_5044688112K29H60F50I_us-gaap_CommonStockParOrStatedValuePerShare"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_CommonStockParOrStatedValuePerShare" xml:lang="en-US">Common Stock, Par Value (In Dollars Per Share)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_CommonStockParOrStatedValuePerShare" xml:lang="en-US">Common stock, par value (in dollars per share)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="lab_7266800334M41J82H72K_us-gaap_CommonStockParOrStatedValuePerShare"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_HF4325JKIF32_us-gaap_CommonStockSharesAuthorized"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_CommonStockSharesAuthorized" xml:lang="en-US">Common Stock, Shares Authorized</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CommonStockSharesAuthorized" xml:lang="en-US">Common stock, shares authorized</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_CommonStockSharesAuthorized" xlink:to="lab_JH6547LMKH54_us-gaap_CommonStockSharesAuthorized"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_5044688112K29H60F50I_us-gaap_CommonStockSharesIssued"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_CommonStockSharesIssued" xml:lang="en-US">Common Stock, Shares Issued</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_CommonStockSharesIssued" xml:lang="en-US">Common stock, shares issued</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_CommonStockSharesIssued" xlink:to="lab_7266800334M41J82H72K_us-gaap_CommonStockSharesIssued"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_HF4325JKIF32_us-gaap_CommonStockSharesOutstanding"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_CommonStockSharesOutstanding" xml:lang="en-US">Common Stock, Shares Outstanding</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CommonStockSharesOutstanding" xml:lang="en-US">Common stock, shares outstanding</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CommonStockSharesOutstanding" xml:lang="en-US">Balance at (in shares)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CommonStockSharesOutstanding" xml:lang="en-US">Balance at (in shares)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_CommonStockSharesOutstanding" xlink:to="lab_JH6547LMKH54_us-gaap_CommonStockSharesOutstanding"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_IncomeStatementAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeStatementAbstract" xml:lang="en-US">Income Statement [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeStatementAbstract" xml:lang="en-US">Income Statement [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_IncomeStatementAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_IncomeStatementAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_RevenuesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_RevenuesAbstract" xml:lang="en-US">Revenues [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RevenuesAbstract" xml:lang="en-US">Revenue</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RevenuesAbstract" xml:lang="en-US">Revenue</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_RevenuesAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_RevenuesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingFeesNet" xlink:label="loc_5044688112K29H60F50I_us-gaap_ServicingFeesNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingFeesNet" xml:lang="en-US">Servicing Fees, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingFeesNet" xml:lang="en-US">Servicing and subservicing fees</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingFeesNet" xml:lang="en-US">Servicing and subservicing fees</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ServicingFeesNet" xlink:to="lab_7266800334M41J82H72K_us-gaap_ServicingFeesNet"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_GainOnLoansHeldForSaleNet" xlink:label="loc_HF4325JKIF32_ocn_GainOnLoansHeldForSaleNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_GainOnLoansHeldForSaleNet" xml:lang="en-US">Gain On Loans Held For Sale Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_GainOnLoansHeldForSaleNet" xml:lang="en-US">Gain on loans held for sale, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_GainOnLoansHeldForSaleNet" xml:lang="en-US">Gain on loans held for sale, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_GainOnLoansHeldForSaleNet" xml:lang="en-US">This element represent net gain (loss) resulting from a sale of loans and fair value adjustments to loans held for sale, at fair value.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_GainOnLoansHeldForSaleNet" xlink:to="lab_JH6547LMKH54_ocn_GainOnLoansHeldForSaleNet"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenueOtherFinancialServices" xlink:label="loc_5044688112K29H60F50I_us-gaap_RevenueOtherFinancialServices"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_RevenueOtherFinancialServices" xml:lang="en-US">Other Revenues</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RevenueOtherFinancialServices" xml:lang="en-US">Other revenues</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_RevenueOtherFinancialServices" xlink:to="lab_7266800334M41J82H72K_us-gaap_RevenueOtherFinancialServices"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Revenues" xlink:label="loc_HF4325JKIF32_us-gaap_Revenues"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_Revenues" xml:lang="en-US">Total Revenue</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_Revenues" xml:lang="en-US">Revenues</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_Revenues" xml:lang="en-US">Revenue</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_Revenues" xml:lang="en-US">Total revenue</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_Revenues" xlink:to="lab_JH6547LMKH54_us-gaap_Revenues"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_OperatingExpensesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OperatingExpensesAbstract" xml:lang="en-US">Operating Expenses [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OperatingExpensesAbstract" xml:lang="en-US">Operating expenses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OperatingExpensesAbstract" xml:lang="en-US">Operating expenses</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OperatingExpensesAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_OperatingExpensesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_HF4325JKIF32_us-gaap_LaborAndRelatedExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_LaborAndRelatedExpense" xml:lang="en-US">Compensation and Benefits</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LaborAndRelatedExpense" xml:lang="en-US">Compensation and benefits</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LaborAndRelatedExpense" xlink:to="lab_JH6547LMKH54_us-gaap_LaborAndRelatedExpense"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AmortizationOfMortgageServicingRightsMSRs" xlink:label="loc_5044688112K29H60F50I_us-gaap_AmortizationOfMortgageServicingRightsMSRs"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AmortizationOfMortgageServicingRightsMSRs" xml:lang="en-US">Amortization Of Mortgage Servicing Rights</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AmortizationOfMortgageServicingRightsMSRs" xml:lang="en-US">Amortization of MSRs</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AmortizationOfMortgageServicingRightsMSRs" xml:lang="en-US">Amortization of servicing rights</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AmortizationOfMortgageServicingRightsMSRs" xml:lang="en-US">Amortization of mortgage servicing rights</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AmortizationOfMortgageServicingRightsMSRs" xlink:to="lab_7266800334M41J82H72K_us-gaap_AmortizationOfMortgageServicingRightsMSRs"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAndOrigination" xlink:label="loc_HF4325JKIF32_ocn_ServicingAndOrigination"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ServicingAndOrigination" xml:lang="en-US">Servicing and Origination</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ServicingAndOrigination" xml:lang="en-US">Servicing and origination</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ServicingAndOrigination" xml:lang="en-US">Non-labor costs directly associated with income earned from servicing mortgage loans, excluding amortization of mortgage servicing rights.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ServicingAndOrigination" xlink:to="lab_JH6547LMKH54_ocn_ServicingAndOrigination"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommunicationsAndInformationTechnology" xlink:label="loc_5044688112K29H60F50I_us-gaap_CommunicationsAndInformationTechnology"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_CommunicationsAndInformationTechnology" xml:lang="en-US">Technology and Communications</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_CommunicationsAndInformationTechnology" xml:lang="en-US">Technology and communications</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_CommunicationsAndInformationTechnology" xlink:to="lab_7266800334M41J82H72K_us-gaap_CommunicationsAndInformationTechnology"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProfessionalFees" xlink:label="loc_HF4325JKIF32_us-gaap_ProfessionalFees"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ProfessionalFees" xml:lang="en-US">Professional Fees</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ProfessionalFees" xml:lang="en-US">Professional fees</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ProfessionalFees" xml:lang="en-US">Professional services</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ProfessionalFees" xlink:to="lab_JH6547LMKH54_us-gaap_ProfessionalFees"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OccupancyNet" xlink:label="loc_5044688112K29H60F50I_us-gaap_OccupancyNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OccupancyNet" xml:lang="en-US">Occupancy and Equipment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OccupancyNet" xml:lang="en-US">Occupancy and equipment</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OccupancyNet" xlink:to="lab_7266800334M41J82H72K_us-gaap_OccupancyNet"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherCostAndExpenseOperating" xlink:label="loc_HF4325JKIF32_us-gaap_OtherCostAndExpenseOperating"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_OtherCostAndExpenseOperating" xml:lang="en-US">Other Operating Expenses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherCostAndExpenseOperating" xml:lang="en-US">Other operating expenses</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_OtherCostAndExpenseOperating" xlink:to="lab_JH6547LMKH54_us-gaap_OtherCostAndExpenseOperating"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_5044688112K29H60F50I_us-gaap_OperatingExpenses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OperatingExpenses" xml:lang="en-US">Operating Expenses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OperatingExpenses" xml:lang="en-US">Operating expenses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OperatingExpenses" xml:lang="en-US">Total operating expenses</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OperatingExpenses" xlink:to="lab_7266800334M41J82H72K_us-gaap_OperatingExpenses"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_HF4325JKIF32_us-gaap_OperatingIncomeLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_OperatingIncomeLoss" xml:lang="en-US">Operating Income (Loss)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OperatingIncomeLoss" xml:lang="en-US">Income from operations</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OperatingIncomeLoss" xml:lang="en-US">Income from operations</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_OperatingIncomeLoss" xlink:to="lab_JH6547LMKH54_us-gaap_OperatingIncomeLoss"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NonoperatingIncomeExpenseAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_NonoperatingIncomeExpenseAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NonoperatingIncomeExpenseAbstract" xml:lang="en-US">Nonoperating Income (Expense) [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NonoperatingIncomeExpenseAbstract" xml:lang="en-US">Other income (expense)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NonoperatingIncomeExpenseAbstract" xml:lang="en-US">Other income (expense)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NonoperatingIncomeExpenseAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_NonoperatingIncomeExpenseAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestAndDividendIncomeOperating" xlink:label="loc_HF4325JKIF32_us-gaap_InterestAndDividendIncomeOperating"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_InterestAndDividendIncomeOperating" xml:lang="en-US">Interest Income</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_InterestAndDividendIncomeOperating" xml:lang="en-US">Interest income</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_InterestAndDividendIncomeOperating" xlink:to="lab_JH6547LMKH54_us-gaap_InterestAndDividendIncomeOperating"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_5044688112K29H60F50I_us-gaap_InterestExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestExpense" xml:lang="en-US">Interest Expense</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestExpense" xml:lang="en-US">Interest expense</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestExpense" xml:lang="en-US">Financing liabilities , interest expense</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestExpense" xml:lang="en-US">Interest expense</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_InterestExpense" xlink:to="lab_7266800334M41J82H72K_us-gaap_InterestExpense"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LossOnDebtRedemption" xlink:label="loc_HF4325JKIF32_ocn_LossOnDebtRedemption"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_LossOnDebtRedemption" xml:lang="en-US">Loss On Debt Redemption</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_LossOnDebtRedemption" xml:lang="en-US">Loss on debt redemption</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_LossOnDebtRedemption" xml:lang="en-US">Represents loss on debt redemption.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_ocn_LossOnDebtRedemption" xml:lang="en-US">Gain (loss) on debt redemption</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_LossOnDebtRedemption" xlink:to="lab_JH6547LMKH54_ocn_LossOnDebtRedemption"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherNonoperatingIncomeExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherNonoperatingIncomeExpense" xml:lang="en-US">Other, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherNonoperatingIncomeExpense" xml:lang="en-US">Other, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherNonoperatingIncomeExpense" xml:lang="en-US">Other income (expense), net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OtherNonoperatingIncomeExpense" xlink:to="lab_7266800334M41J82H72K_us-gaap_OtherNonoperatingIncomeExpense"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_HF4325JKIF32_us-gaap_NonoperatingIncomeExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_NonoperatingIncomeExpense" xml:lang="en-US">Nonoperating Income (Expense)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NonoperatingIncomeExpense" xml:lang="en-US">Other expense, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NonoperatingIncomeExpense" xml:lang="en-US">Other expense, net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_NonoperatingIncomeExpense" xlink:to="lab_JH6547LMKH54_us-gaap_NonoperatingIncomeExpense"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_5044688112K29H60F50I_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xml:lang="en-US">Income Before Income Taxes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xml:lang="en-US">Income before income taxes</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="lab_7266800334M41J82H72K_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_HF4325JKIF32_us-gaap_IncomeTaxExpenseBenefit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_IncomeTaxExpenseBenefit" xml:lang="en-US">Income Tax Expense</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_IncomeTaxExpenseBenefit" xml:lang="en-US">Income tax expense</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_IncomeTaxExpenseBenefit" xlink:to="lab_JH6547LMKH54_us-gaap_IncomeTaxExpenseBenefit"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact" xml:lang="en-US">Deemed Dividend Related To Beneficial Conversion Feature Of Preferred Stock Income Statement Impact</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact" xml:lang="en-US">Deemed dividend related to beneficial conversion feature of preferred stock</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact" xml:lang="en-US">Represents deemed dividend related to beneficial conversion feature of preferred stock related to income statement.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockIncomeStatementImpact" xml:lang="en-US">Deemed dividend related to beneficial conversion feature of preferred stock</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_HF4325JKIF32_us-gaap_NetIncomeLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_NetIncomeLoss" xml:lang="en-US">Net Income (Loss) Attributable To Parent</label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NetIncomeLoss" xml:lang="en-US">Net income attributable to Ocwen common stockholders (in dollars)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NetIncomeLoss" xml:lang="en-US">Net income attributable to Ocwen common stockholders</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_EarningsPerShareAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareAbstract" xml:lang="en-US">Earnings Per Share [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareAbstract" xml:lang="en-US">Earnings per share attributable to Ocwen common stockholders</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareAbstract" xml:lang="en-US">Earnings per share attributable to Ocwen common stockholders</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_EarningsPerShareAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_HF4325JKIF32_us-gaap_EarningsPerShareBasic"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_EarningsPerShareBasic" xml:lang="en-US">Basic (In Dollars Per Share)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_EarningsPerShareBasic" xml:lang="en-US">Basic EPS</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_EarningsPerShareBasic" xml:lang="en-US">Basic (in dollars per share)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_EarningsPerShareBasic" xlink:to="lab_JH6547LMKH54_us-gaap_EarningsPerShareBasic"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_5044688112K29H60F50I_us-gaap_EarningsPerShareDiluted"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareDiluted" xml:lang="en-US">Earnings Per Share, Diluted</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareDiluted" xml:lang="en-US">Diluted EPS (in dollars per share)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareDiluted" xml:lang="en-US">Diluted (in dollars per share)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_EarningsPerShareDiluted" xlink:to="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareDiluted"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xml:lang="en-US">Weighted Average Number Of Shares Outstanding, Diluted [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xml:lang="en-US">Weighted average common shares outstanding</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xml:lang="en-US">Weighted average common shares outstanding</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_5044688112K29H60F50I_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xml:lang="en-US">Basic (In Shares)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xml:lang="en-US">Weighted average shares of common stock</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xml:lang="en-US">Basic (in shares)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="lab_7266800334M41J82H72K_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_HF4325JKIF32_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xml:lang="en-US">Diluted (In Shares)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xml:lang="en-US">Dilutive weighted average shares of common stock</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xml:lang="en-US">Diluted (in shares)</label>
<label xlink:type="resource" xlink:label="lab_JH6547LMKH54_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Dilutive weighted average shares of common stock</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="lab_JH6547LMKH54_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xml:lang="en-US">Statement Of Other Comprehensive Income [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xml:lang="en-US">Statement of Other Comprehensive Income [Abstract]</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xml:lang="en-US">Other Comprehensive Income (Loss), Net Of Tax [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xml:lang="en-US">Other comprehensive income (loss), net of income taxes:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xml:lang="en-US">Other comprehensive income (loss), net of income taxes:</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xml:lang="en-US">Unrealized Foreign Currency Translation Income (Loss) Arising During Period (1)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xml:lang="en-US">Unrealized foreign currency translation income (loss) arising during the period</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xlink:label="loc_HF4325JKIF32_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xml:lang="en-US">Change in deferred loss on cash flow hedges arising during the period</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax" xml:lang="en-US">Reclassification Adjustment For Losses On Cash Flow Hedges Included In Net Income (3)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax" xml:lang="en-US">Reclassification adjustment for losses on cash flow hedges included in net income</label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax" xml:lang="en-US">Net change in deferred loss on cash flow hedges</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeOtherNetOfTax" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherComprehensiveIncomeOtherNetOfTax"/>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_5044688112K29H60F50I_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xml:lang="en-US">Comprehensive Income (Loss), Net Of Tax, Including Portion Attributable To Noncontrolling Interest</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xml:lang="en-US">Comprehensive income</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax" xlink:label="loc_HF4325JKIF32_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax" xml:lang="en-US">Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax</label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax" xml:lang="en-US">Income tax benefit</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax" xlink:to="lab_JH6547LMKH54_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax" xml:lang="en-US">Other Comprehensive Income (Loss), Reclassification Adjustment On Derivatives Included In Net Income, Tax</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax" xml:lang="en-US">Other comprehensive income (loss), Reclassification adjustment on derivatives, Income tax benefit (expense)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax" xml:lang="en-US">Income tax expense</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax" xlink:to="lab_7266800334M41J82H72K_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_StatementOfStockholdersEquityAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_StatementOfStockholdersEquityAbstract" xml:lang="en-US">Statement Of Stockholders' Equity [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_StatementOfStockholdersEquityAbstract" xml:lang="en-US">Statement of Stockholders' Equity [Abstract]</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_StatementEquityComponentsAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_StatementEquityComponentsAxis" xml:lang="en-US">Equity Components [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StatementEquityComponentsAxis" xml:lang="en-US">Equity Components [Axis]</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_HF4325JKIF32_us-gaap_CommonStockMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_CommonStockMember" xml:lang="en-US">Common Stock [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CommonStockMember" xml:lang="en-US">Common Stock</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_CommonStockMember" xlink:to="lab_JH6547LMKH54_us-gaap_CommonStockMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_AdditionalPaidInCapitalMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AdditionalPaidInCapitalMember" xml:lang="en-US">Additional Paid-In Capital [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AdditionalPaidInCapitalMember" xml:lang="en-US">Additional Paid-in Capital</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AdditionalPaidInCapitalMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_AdditionalPaidInCapitalMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_HF4325JKIF32_us-gaap_RetainedEarningsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_RetainedEarningsMember" xml:lang="en-US">Retained Earnings [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RetainedEarningsMember" xml:lang="en-US">Retained Earnings</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_RetainedEarningsMember" xlink:to="lab_JH6547LMKH54_us-gaap_RetainedEarningsMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccumulatedOtherComprehensiveIncomeMember" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccumulatedOtherComprehensiveIncomeMember" xml:lang="en-US">Accumulated Other Comprehensive Loss, Net of Taxes</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_HF4325JKIF32_us-gaap_EquityComponentDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_EquityComponentDomain" xml:lang="en-US">Equity Component [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_EquityComponentDomain" xml:lang="en-US">Equity Component [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_EquityComponentDomain" xlink:to="lab_JH6547LMKH54_us-gaap_EquityComponentDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="loc_5044688112K29H60F50I_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xml:lang="en-US">Increase (Decrease) In Stockholders' Equity [Roll Forward]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xml:lang="en-US">Increase (Decrease) in Stockholders' Equity [Roll Forward]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:to="lab_7266800334M41J82H72K_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward"/>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DividendsPreferredStock" xml:lang="en-US">Dividends, Preferred Stock</label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DividendsPreferredStock" xml:lang="en-US">Preferred stock dividends</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DividendsPreferredStock" xml:lang="en-US">Preferred stock dividends</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DividendsPreferredStock" xml:lang="en-US">Preferred stock dividends ($18.54 per share)</label>
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<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockEquityImpact" xlink:label="loc_5044688112K29H60F50I_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockEquityImpact"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockEquityImpact" xml:lang="en-US">Deemed Dividend Related To Beneficial Conversion Feature Of Preferred Stock Equity Impact</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockEquityImpact" xml:lang="en-US">Deemed dividend related to beneficial conversion feature of preferred stock</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockEquityImpact" xml:lang="en-US">Represents deemed dividend related to beneficial conversion feature of preferred stock related to equity impact.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DeemedDividendRelatedToBeneficialConversionFeatureOfPreferredStockEquityImpact" xml:lang="en-US">Deemed dividend related to beneficial conversion feature of preferred stock</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xlink:label="loc_HF4325JKIF32_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xml:lang="en-US">Conversion Of 3.25 Convertible Notes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xml:lang="en-US">Conversion of 3.25% Convertible Notes to common stock</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities" xml:lang="en-US">Conversion of 3.25% Convertible Notes</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:label="loc_5044688112K29H60F50I_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xml:lang="en-US">Stock Issued During Period, Shares, Conversion Of Convertible Securities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xml:lang="en-US">Conversion of 3.25% Convertible Notes (in shares)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xml:lang="en-US">Conversion of 3.25% Convertible Notes (in Shares)</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xlink:label="loc_HF4325JKIF32_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xml:lang="en-US">Exercise Of Common Stock Options</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xml:lang="en-US">Exercise of common stock options</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_5044688112K29H60F50I_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xml:lang="en-US">Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Exercises In Period</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xml:lang="en-US">Exercise of common stock options (in shares)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xml:lang="en-US">Exercise of common stock options (in Shares)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:to="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="loc_HF4325JKIF32_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xml:lang="en-US">Equity-Based Compensation</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xml:lang="en-US">Equity-based compensation</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:to="lab_JH6547LMKH54_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="loc_5044688112K29H60F50I_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xml:lang="en-US">Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xml:lang="en-US">Equity-based compensation (in shares)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:to="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease" xlink:label="loc_HF4325JKIF32_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US">Other Comprehensive Income, Net Of Income Taxes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease" xml:lang="en-US">Other comprehensive income (loss), net of income taxes</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease" xlink:to="lab_JH6547LMKH54_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentInterestRateStatedPercentage"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentInterestRateStatedPercentage" xml:lang="en-US">Stated Percentage Of Convertible Notes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentInterestRateStatedPercentage" xml:lang="en-US">Percentage of interest rate on convertible notes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentInterestRateStatedPercentage" xml:lang="en-US">Conversion of convertible notes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentInterestRateStatedPercentage" xml:lang="en-US">Stated percentage of convertible notes</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentInterestRateStatedPercentage"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockDividendsPerShareDeclared" xlink:label="loc_HF4325JKIF32_us-gaap_PreferredStockDividendsPerShareDeclared"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PreferredStockDividendsPerShareDeclared" xml:lang="en-US">Preferred Stock, Dividends Per Share, Declared</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PreferredStockDividendsPerShareDeclared" xml:lang="en-US">Preferred stock dividends per share</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PreferredStockDividendsPerShareDeclared" xlink:to="lab_JH6547LMKH54_us-gaap_PreferredStockDividendsPerShareDeclared"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_StatementOfCashFlowsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_StatementOfCashFlowsAbstract" xml:lang="en-US">Statement Of Cash Flows [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StatementOfCashFlowsAbstract" xml:lang="en-US">Statement of Cash Flows [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_StatementOfCashFlowsAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_StatementOfCashFlowsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionAxis" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionAxis" xml:lang="en-US">Business Acquisition [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionAxis" xml:lang="en-US">Business Acquisition [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionAxis" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionAcquireeDomain" xlink:label="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionAcquireeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionAcquireeDomain" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionAcquireeDomain" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionAcquireeDomain" xlink:to="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionAcquireeDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_RescapServicingOperationsMember" xlink:label="loc_HF4325JKIF32_ocn_RescapServicingOperationsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_RescapServicingOperationsMember" xml:lang="en-US">Rescap Servicing Operations [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_RescapServicingOperationsMember" xml:lang="en-US">ResCap Servicing Operations</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_RescapServicingOperationsMember" xml:lang="en-US">Specific acquisition.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_RescapServicingOperationsMember" xlink:to="lab_JH6547LMKH54_ocn_RescapServicingOperationsMember"/>





<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_CorrespondentOneMember" xlink:label="loc_HF4325JKIF32_ocn_CorrespondentOneMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_CorrespondentOneMember" xml:lang="en-US">Correspondent One [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_CorrespondentOneMember" xml:lang="en-US">Correspondent One S.A.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_CorrespondentOneMember" xml:lang="en-US">Correspondent One</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_CorrespondentOneMember" xml:lang="en-US">This element represents information of Correspondent one.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_CorrespondentOneMember" xlink:to="lab_JH6547LMKH54_ocn_CorrespondentOneMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US">Net Cash Provided By (Used In) Operating Activities [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US">Cash flows from operating activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US">Cash flows from operating activities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US">Adjustments To Reconcile Net Income (Loss) To Cash Provided By (Used In) Operating Activities [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by operating activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by operating activities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AmortizationOfDebtDiscountPremium" xlink:label="loc_5044688112K29H60F50I_us-gaap_AmortizationOfDebtDiscountPremium"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AmortizationOfDebtDiscountPremium" xml:lang="en-US">Amortization Of Debt Discount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AmortizationOfDebtDiscountPremium" xml:lang="en-US">Amortization of debt discount</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AmortizationOfDebtDiscountPremium" xlink:to="lab_7266800334M41J82H72K_us-gaap_AmortizationOfDebtDiscountPremium"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="loc_HF4325JKIF32_us-gaap_AmortizationOfFinancingCosts"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_AmortizationOfFinancingCosts" xml:lang="en-US">Amortization Of Debt Issuance Costs - Senior Secured Term Loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_AmortizationOfFinancingCosts" xml:lang="en-US">Amortization of debt issuance costs - SSTL</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_AmortizationOfFinancingCosts" xml:lang="en-US">Amortization of debt issuance costs - senior secured term loans</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_AmortizationOfFinancingCosts" xlink:to="lab_JH6547LMKH54_us-gaap_AmortizationOfFinancingCosts"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_5044688112K29H60F50I_us-gaap_DepreciationDepletionAndAmortization"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DepreciationDepletionAndAmortization" xml:lang="en-US">Depreciation</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DepreciationDepletionAndAmortization" xml:lang="en-US">Depreciation</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DepreciationDepletionAndAmortization" xlink:to="lab_7266800334M41J82H72K_us-gaap_DepreciationDepletionAndAmortization"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_GainOnSalesOfLoansNet" xlink:label="loc_HF4325JKIF32_ocn_GainOnSalesOfLoansNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_GainOnSalesOfLoansNet" xml:lang="en-US">Gain On Sales Of Loans Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_GainOnSalesOfLoansNet" xml:lang="en-US">Gain on sales of loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_GainOnSalesOfLoansNet" xml:lang="en-US">The net gain on sales of loans classified as held-for-sale.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_ocn_GainOnSalesOfLoansNet" xml:lang="en-US">Gain on sales of loans</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_GainOnSalesOfLoansNet" xlink:to="lab_JH6547LMKH54_ocn_GainOnSalesOfLoansNet"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="loc_5044688112K29H60F50I_us-gaap_UnrealizedGainLossOnDerivatives"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_UnrealizedGainLossOnDerivatives" xml:lang="en-US">Realized and Unrealized Losses On Derivative Financial Instruments, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_UnrealizedGainLossOnDerivatives" xml:lang="en-US">Realized and unrealized losses on derivative financial instruments, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_UnrealizedGainLossOnDerivatives" xml:lang="en-US">Realized and unrealized losses on derivative financial instruments, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_UnrealizedGainLossOnDerivatives" xml:lang="en-US">Realized and unrealized (gains) losses on derivative financial instruments, net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_UnrealizedGainLossOnDerivatives" xlink:to="lab_7266800334M41J82H72K_us-gaap_UnrealizedGainLossOnDerivatives"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_HF4325JKIF32_us-gaap_GainsLossesOnExtinguishmentOfDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_GainsLossesOnExtinguishmentOfDebt" xml:lang="en-US">Loss (Gain) On Extinguishment Of Debt</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GainsLossesOnExtinguishmentOfDebt" xml:lang="en-US">Amount wrote-off of unamortized deferred losses in AOCL</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GainsLossesOnExtinguishmentOfDebt" xml:lang="en-US">Loss (gain) on extinguishment of debt</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GainsLossesOnExtinguishmentOfDebt" xml:lang="en-US">Loss on extinguishment of debt</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GainsLossesOnExtinguishmentOfDebt" xml:lang="en-US">Amount wrote-off of unamortized deferred losses in AOCL</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:to="lab_JH6547LMKH54_us-gaap_GainsLossesOnExtinguishmentOfDebt"/>





<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToPurchaseLoansHeldForSale" xlink:label="loc_HF4325JKIF32_us-gaap_PaymentsToPurchaseLoansHeldForSale"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsToPurchaseLoansHeldForSale" xml:lang="en-US">Payments To Purchase Loans Held-For-Sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsToPurchaseLoansHeldForSale" xml:lang="en-US">Payments to acquire non-performing mortgage loans held for sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsToPurchaseLoansHeldForSale" xml:lang="en-US">Origination and purchase of loans held for sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsToPurchaseLoansHeldForSale" xml:lang="en-US">Origination and purchase of loans held for sale</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PaymentsToPurchaseLoansHeldForSale" xlink:to="lab_JH6547LMKH54_us-gaap_PaymentsToPurchaseLoansHeldForSale"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale" xlink:label="loc_5044688112K29H60F50I_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale" xml:lang="en-US">Net Cash Provided By Loans Held For Resale Activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale" xml:lang="en-US">Proceeds from sale and collection of loans held for sale</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale" xlink:to="lab_7266800334M41J82H72K_us-gaap_ProceedsFromSaleAndCollectionOfLoansHeldforsale"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xml:lang="en-US">Increase (Decrease) In Operating Capital [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xml:lang="en-US">Changes in assets and liabilities:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xml:lang="en-US">Changes in assets and liabilities:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" xlink:label="loc_5044688112K29H60F50I_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" xml:lang="en-US">Increase Decrease In Advances and Transfers Accounted For As Secured Borrowings Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" xml:lang="en-US">Decrease in advances and match funded advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" xml:lang="en-US">The net change during the reporting period in the carrying amount of non-interest-bearing advances on loans serviced for others and advances transferred to special purpose entities in transactions accounted for as secured borrowings.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" xml:lang="en-US">Decrease in advances and match funded advances</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances" xlink:to="lab_7266800334M41J82H72K_ocn_IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets" xlink:label="loc_HF4325JKIF32_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets" xml:lang="en-US">Decrease (Increase) In Receivables and Other Assets, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets" xml:lang="en-US">Decrease (increase) in receivables and other assets, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets" xml:lang="en-US">Decrease (increase) in receivables and other assets, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets" xml:lang="en-US">Decrease in receivables and other assets, net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets" xlink:to="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOtherAccountsPayable" xlink:label="loc_5044688112K29H60F50I_us-gaap_IncreaseDecreaseInOtherAccountsPayable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncreaseDecreaseInOtherAccountsPayable" xml:lang="en-US">Increase In Servicer Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncreaseDecreaseInOtherAccountsPayable" xml:lang="en-US">Increase in servicer liabilities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_IncreaseDecreaseInOtherAccountsPayable" xlink:to="lab_7266800334M41J82H72K_us-gaap_IncreaseDecreaseInOtherAccountsPayable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="loc_HF4325JKIF32_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xml:lang="en-US">Increase (Decrease) In Other Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xml:lang="en-US">Increase (decrease) in other liabilities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:to="lab_JH6547LMKH54_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherOperatingActivitiesCashFlowStatement" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherOperatingActivitiesCashFlowStatement"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherOperatingActivitiesCashFlowStatement" xml:lang="en-US">Other Operating Activities, Cash Flow Statement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherOperatingActivitiesCashFlowStatement" xml:lang="en-US">Other, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherOperatingActivitiesCashFlowStatement" xml:lang="en-US">Other, net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OtherOperatingActivitiesCashFlowStatement" xlink:to="lab_7266800334M41J82H72K_us-gaap_OtherOperatingActivitiesCashFlowStatement"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_HF4325JKIF32_us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_NetCashProvidedByUsedInOperatingActivities" xml:lang="en-US">Net Cash Provided By (Used In) Operating Activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NetCashProvidedByUsedInOperatingActivities" xml:lang="en-US">Net cash provided by operating activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NetCashProvidedByUsedInOperatingActivities" xml:lang="en-US">Net cash provided by operating activities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="lab_JH6547LMKH54_us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xml:lang="en-US">Net Cash Provided By (Used In) Investing Activities [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xml:lang="en-US">Cash flows from investing activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xml:lang="en-US">Cash flows from investing activities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_HF4325JKIF32_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xml:lang="en-US">Net Cash Paid</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xml:lang="en-US">Net cash paid</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xml:lang="en-US">Cash paid to acquire ResCap Servicing Operations (a component of Residential Capital, LLC)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:to="lab_JH6547LMKH54_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireMortgageServicingRightsMSR" xlink:label="loc_5044688112K29H60F50I_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR" xml:lang="en-US">Payments To Acquire Mortgage Servicing Rights (Msr)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR" xml:lang="en-US">Purchase of mortgage servicing rights, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR" xml:lang="en-US">Purchase of mortgage servicing rights, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR" xml:lang="en-US">Cash paid for MSRs acquired, net of servicing liabilities assumed</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR" xlink:to="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquireMortgageServicingRightsMSR"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights" xlink:label="loc_HF4325JKIF32_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights" xml:lang="en-US">Payments To Acquire Advances In Connection With Purchase Of Mortgage Servicing Rights</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights" xml:lang="en-US">The cash outflow to obtain non-interest bearing advances made on loans serviced for others and other related assets.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights" xml:lang="en-US">Acquisition of advances in connection with the purchase of mortgage servicing rights</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights" xlink:to="lab_JH6547LMKH54_ocn_PaymentsToAcquireAdvancesInConnectionWithPurchaseOfMortgageServicingRights"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireLoansHeldForInvestment" xlink:label="loc_5044688112K29H60F50I_us-gaap_PaymentsToAcquireLoansHeldForInvestment"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquireLoansHeldForInvestment" xml:lang="en-US">Payments to Acquire Loans Held-for-investment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquireLoansHeldForInvestment" xml:lang="en-US">Origination of loans held for investment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquireLoansHeldForInvestment" xml:lang="en-US">Origination of loans held for investment</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_PaymentsToAcquireLoansHeldForInvestment" xlink:to="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquireLoansHeldForInvestment"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSaleOfLoansHeldForInvestment" xlink:label="loc_HF4325JKIF32_us-gaap_ProceedsFromSaleOfLoansHeldForInvestment"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromSaleOfLoansHeldForInvestment" xml:lang="en-US">Proceeds from Sale of Loans Held-for-investment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromSaleOfLoansHeldForInvestment" xml:lang="en-US">Principal payments received on loans held for investment</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ProceedsFromSaleOfLoansHeldForInvestment" xlink:to="lab_JH6547LMKH54_us-gaap_ProceedsFromSaleOfLoansHeldForInvestment"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries" xlink:label="loc_5044688112K29H60F50I_us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries" xml:lang="en-US">Proceeds From Sale Of Advance Financing Subsidiary and Special Purpose Entity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries" xml:lang="en-US">Proceeds from sale of advance financing subsidiary and special purpose entity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries" xml:lang="en-US">Net assets of advance SPEs</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries" xlink:to="lab_7266800334M41J82H72K_us-gaap_ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ProceedsFromSaleOfAdvancesAndMatchFundedAdvancesInConnectionWithSaleOfMSRs" xlink:label="loc_HF4325JKIF32_ocn_ProceedsFromSaleOfAdvancesAndMatchFundedAdvancesInConnectionWithSaleOfMSRs"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ProceedsFromSaleOfAdvancesAndMatchFundedAdvancesInConnectionWithSaleOfMSRs" xml:lang="en-US">Proceeds From Sale Of Advances and Match Funded Advances In Connection With Sale Of M S Rs</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ProceedsFromSaleOfAdvancesAndMatchFundedAdvancesInConnectionWithSaleOfMSRs" xml:lang="en-US">Proceeds from sale of match funded advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ProceedsFromSaleOfAdvancesAndMatchFundedAdvancesInConnectionWithSaleOfMSRs" xml:lang="en-US">The cash inflow from the sale of non-interest bearing advances and match funded advances made on loans serviced for others in connection with the sale of MSRs.</label>
<label xlink:type="resource" xlink:label="lab_JH6547LMKH54_ocn_ProceedsFromSaleOfAdvancesAndMatchFundedAdvancesInConnectionWithSaleOfMSRs" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Proceeds received from sale of servicing advances</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ProceedsFromSaleOfAdvancesAndMatchFundedAdvancesInConnectionWithSaleOfMSRs" xlink:to="lab_JH6547LMKH54_ocn_ProceedsFromSaleOfAdvancesAndMatchFundedAdvancesInConnectionWithSaleOfMSRs"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates" xlink:label="loc_5044688112K29H60F50I_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates" xml:lang="en-US">Proceeds from Divestiture of Businesses and Interests in Affiliates</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates" xml:lang="en-US">Proceeds from sale of diversified fee businesses to Altisource Portfolio Solution, S.A.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates" xlink:to="lab_7266800334M41J82H72K_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates"/>





<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAcquiredFromAcquisition" xlink:label="loc_5044688112K29H60F50I_us-gaap_CashAcquiredFromAcquisition"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_CashAcquiredFromAcquisition" xml:lang="en-US">Cash Acquired From Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_CashAcquiredFromAcquisition" xml:lang="en-US">Net cash acquired in step acquisition of Correspondent One S.A.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_CashAcquiredFromAcquisition" xlink:to="lab_7266800334M41J82H72K_us-gaap_CashAcquiredFromAcquisition"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" xlink:label="loc_HF4325JKIF32_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" xml:lang="en-US">Payments To Acquire Businesses and Interest In Affiliates</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" xml:lang="en-US">Distributions of capital from unconsolidated entities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" xml:lang="en-US">Distributions of capital from unconsolidated entities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" xlink:to="lab_JH6547LMKH54_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_5044688112K29H60F50I_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xml:lang="en-US">Payments To Acquire Property, Plant, and Equipment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xml:lang="en-US">Additions to premises and equipment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xml:lang="en-US">Additions to premises and equipment</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:to="lab_7266800334M41J82H72K_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="loc_HF4325JKIF32_us-gaap_PaymentsForProceedsFromOtherInvestingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xml:lang="en-US">Payments For (Proceeds From) Other Investing Activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xml:lang="en-US">Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xml:lang="en-US">Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xml:lang="en-US">Other</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:to="lab_JH6547LMKH54_us-gaap_PaymentsForProceedsFromOtherInvestingActivities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_5044688112K29H60F50I_us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInInvestingActivities" xml:lang="en-US">Net Cash Used In Investing Activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInInvestingActivities" xml:lang="en-US">Net cash (used in) provided by investing activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInInvestingActivities" xml:lang="en-US">Net cash used in investing activities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xml:lang="en-US">Net Cash Provided By (Used In) Financing Activities [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xml:lang="en-US">Cash flows from financing activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xml:lang="en-US">Cash flows from financing activities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ProceedsFromMatchFundedLiabilities" xlink:label="loc_5044688112K29H60F50I_ocn_ProceedsFromMatchFundedLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ProceedsFromMatchFundedLiabilities" xml:lang="en-US">Proceeds From Match Funded Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ProceedsFromMatchFundedLiabilities" xml:lang="en-US">Net proceeds from (repayment of) match funded liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ProceedsFromMatchFundedLiabilities" xml:lang="en-US">Net proceeds from match funded liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ProceedsFromMatchFundedLiabilities" xml:lang="en-US">Represents net cash inflow match funded liabilities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ProceedsFromMatchFundedLiabilities" xlink:to="lab_7266800334M41J82H72K_ocn_ProceedsFromMatchFundedLiabilities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromOtherDebt" xlink:label="loc_HF4325JKIF32_us-gaap_ProceedsFromOtherDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromOtherDebt" xml:lang="en-US">Proceeds From Other Debt</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromOtherDebt" xml:lang="en-US">Net proceeds from other borrowings</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ProceedsFromOtherDebt" xlink:to="lab_JH6547LMKH54_us-gaap_ProceedsFromOtherDebt"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RepaymentsOfOtherDebt" xlink:label="loc_5044688112K29H60F50I_us-gaap_RepaymentsOfOtherDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_RepaymentsOfOtherDebt" xml:lang="en-US">Repayments Of Other Debt</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RepaymentsOfOtherDebt" xml:lang="en-US">Repayment of other borrowings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RepaymentsOfOtherDebt" xml:lang="en-US">Repayment of other borrowings</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_RepaymentsOfOtherDebt" xlink:to="lab_7266800334M41J82H72K_us-gaap_RepaymentsOfOtherDebt"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="loc_HF4325JKIF32_us-gaap_PaymentsOfDebtIssuanceCosts"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsOfDebtIssuanceCosts" xml:lang="en-US">Payments Of Debt Issuance Costs</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsOfDebtIssuanceCosts" xml:lang="en-US">Payment of debt issuance costs - senior secured term loan</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PaymentsOfDebtIssuanceCosts" xml:lang="en-US">Payment of debt issuance costs - senior secured term loan</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PaymentsOfDebtIssuanceCosts" xlink:to="lab_JH6547LMKH54_us-gaap_PaymentsOfDebtIssuanceCosts"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" xlink:label="loc_5044688112K29H60F50I_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" xml:lang="en-US">Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" xml:lang="en-US">Proceeds from sale of mortgage servicing rights accounted for as a financing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" xml:lang="en-US">Cash inflow from the sale of mortgage servicing rights in a transaction that did not meet the requirements for sale accounting and was accounted for as a financing.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing" xlink:to="lab_7266800334M41J82H72K_ocn_ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ProceedsFromSaleOfLoansAccountedForAsAFinancing" xlink:label="loc_HF4325JKIF32_ocn_ProceedsFromSaleOfLoansAccountedForAsAFinancing"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ProceedsFromSaleOfLoansAccountedForAsAFinancing" xml:lang="en-US">Proceeds From Sale Of Loans Accounted For As A Financing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ProceedsFromSaleOfLoansAccountedForAsAFinancing" xml:lang="en-US">Proceeds from sale of loans accounted for as a financing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ProceedsFromSaleOfLoansAccountedForAsAFinancing" xml:lang="en-US">Represents cash inflow from the sale of loans in a transaction that did not meet the requirements for sale accounting and was accounted for as a financing.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ProceedsFromSaleOfLoansAccountedForAsAFinancing" xlink:to="lab_JH6547LMKH54_ocn_ProceedsFromSaleOfLoansAccountedForAsAFinancing"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities" xlink:label="loc_5044688112K29H60F50I_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities" xml:lang="en-US">Repayments Of Long-Term Debt, Long-Term Capital Lease Obligations, and Capital Securities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities" xml:lang="en-US">Redemption of 10.875% Capital Securities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities" xml:lang="en-US">Redemption of 10.875% Capital Securities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities" xlink:to="lab_7266800334M41J82H72K_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromStockOptionsExercised" xlink:label="loc_HF4325JKIF32_us-gaap_ProceedsFromStockOptionsExercised"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromStockOptionsExercised" xml:lang="en-US">Proceeds From Stock Options Exercised</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromStockOptionsExercised" xml:lang="en-US">Exercise of common stock options</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromStockOptionsExercised" xml:lang="en-US">Exercise of common stock options</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ProceedsFromStockOptionsExercised" xlink:to="lab_JH6547LMKH54_us-gaap_ProceedsFromStockOptionsExercised"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock" xlink:label="loc_5044688112K29H60F50I_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock" xml:lang="en-US">Payments of Ordinary Dividends, Preferred Stock and Preference Stock</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock" xml:lang="en-US">Payment of preferred stock dividends</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock" xlink:to="lab_7266800334M41J82H72K_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="loc_HF4325JKIF32_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xml:lang="en-US">Proceeds From (Payments For) Other Financing Activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xml:lang="en-US">Other</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:to="lab_JH6547LMKH54_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_5044688112K29H60F50I_us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInFinancingActivities" xml:lang="en-US">Net Cash Provided By (Used In) Financing Activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInFinancingActivities" xml:lang="en-US">Net cash (used) provided by financing activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInFinancingActivities" xml:lang="en-US">Net cash provided by financing activities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="lab_7266800334M41J82H72K_us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashPeriodIncreaseDecrease" xlink:label="loc_HF4325JKIF32_us-gaap_CashPeriodIncreaseDecrease"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_CashPeriodIncreaseDecrease" xml:lang="en-US">Cash, Period Increase (Decrease)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CashPeriodIncreaseDecrease" xml:lang="en-US">Net increase in cash</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CashPeriodIncreaseDecrease" xml:lang="en-US">Net increase (decrease) in cash</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_CashPeriodIncreaseDecrease" xlink:to="lab_JH6547LMKH54_us-gaap_CashPeriodIncreaseDecrease"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncashInvestingAndFinancingItemsAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_NoncashInvestingAndFinancingItemsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashInvestingAndFinancingItemsAbstract" xml:lang="en-US">Noncash Investing and Financing Items [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashInvestingAndFinancingItemsAbstract" xml:lang="en-US">Supplemental non-cash investing and financing activities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NoncashInvestingAndFinancingItemsAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_NoncashInvestingAndFinancingItemsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumedAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumedAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumedAbstract" xml:lang="en-US">Noncash Or Part Noncash Acquisition, Net Nonmonetary Assets Acquired (Liabilities Assumed) [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumedAbstract" xml:lang="en-US">Supplemental business acquisition information - ResCap Servicing Operations</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumedAbstract" xml:lang="en-US">Supplemental business acquisition information</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumedAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumedAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquiredAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquiredAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquiredAbstract" xml:lang="en-US">Noncash Or Part Noncash Acquisition, Value Of Assets Acquired [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquiredAbstract" xml:lang="en-US">Fair value of assets acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquiredAbstract" xml:lang="en-US">Fair value of assets acquired</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquiredAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquiredAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquiredOne" xlink:label="loc_HF4325JKIF32_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquiredOne"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquiredOne" xml:lang="en-US">Noncash Or Part Noncash Acquisition Advances Acquired One</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquiredOne" xml:lang="en-US">Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquiredOne" xml:lang="en-US">Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquiredOne" xml:lang="en-US">The amount of advances that an Entity acquires in a noncash (or part noncash) acquisition. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquiredOne" xml:lang="en-US">Advances</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquiredOne" xlink:to="lab_JH6547LMKH54_ocn_NoncashOrPartNoncashAcquisitionAdvancesAcquiredOne"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquiredOne" xlink:label="loc_5044688112K29H60F50I_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquiredOne"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquiredOne" xml:lang="en-US">Noncash Or Part Noncash Acquisition Mortgage Servicing Rights Acquired One</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquiredOne" xml:lang="en-US">Mortgage servicing rights</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquiredOne" xml:lang="en-US">Mortgage servicing rights</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquiredOne" xml:lang="en-US">The amount of mortgage servicing rights that an Entity acquires in a noncash (or part noncash) acquisition. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquiredOne" xlink:to="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionMortgageServicingRightsAcquiredOne"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1" xlink:label="loc_HF4325JKIF32_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1" xml:lang="en-US">Noncash Or Part Noncash Acquisition, Fixed Assets Acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1" xml:lang="en-US">Premises and equipment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1" xml:lang="en-US">Premises and equipment</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1" xlink:to="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_NoncashOrPartNoncashAcquisitionGoodwillAcquired" xlink:label="loc_5044688112K29H60F50I_ocn_NoncashOrPartNoncashAcquisitionGoodwillAcquired"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionGoodwillAcquired" xml:lang="en-US">Noncash Or Part Noncash Acquisition Goodwill Acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionGoodwillAcquired" xml:lang="en-US">Goodwill</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionGoodwillAcquired" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Goodwill Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionGoodwillAcquired" xml:lang="en-US">Amount of recognized goodwill</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveTerseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionGoodwillAcquired" xml:lang="en-US">Recognized goodwill</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionGoodwillAcquired" xml:lang="en-US">The amount of goodwill that an Entity acquires in a noncash (or part noncash) acquisition. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_NoncashOrPartNoncashAcquisitionGoodwillAcquired" xlink:to="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionGoodwillAcquired"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1" xlink:label="loc_HF4325JKIF32_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1" xml:lang="en-US">Noncash Or Part Noncash Acquisition, Accounts Receivable Acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1" xml:lang="en-US">Receivables and other assets</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1" xlink:to="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1" xlink:label="loc_5044688112K29H60F50I_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1" xml:lang="en-US">Noncash Or Part Noncash Acquisition, Value Of Assets Acquired, Total</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1" xml:lang="en-US">Fair value of asset acquired, total</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1" xml:lang="en-US">Unpaid principal balance assets acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1" xml:lang="en-US">Mortgage Servicing Rights Purchase and Sale Agreement agreed to acquire loan</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1" xml:lang="en-US">Fair value of asset acquired, total</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1" xlink:to="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumedAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumedAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumedAbstract" xml:lang="en-US">Noncash Or Part Noncash Acquisition, Value Of Liabilities Assumed [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumedAbstract" xml:lang="en-US">Fair value of liabilities assumed</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumedAbstract" xml:lang="en-US">Fair value of liabilities assumed</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumedAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumedAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1" xlink:label="loc_5044688112K29H60F50I_us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1" xml:lang="en-US">Noncash Or Part Noncash Acquisition, Payables Assumed</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1" xml:lang="en-US">Accrued bonuses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1" xml:lang="en-US">Accrued expenses and other liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1" xml:lang="en-US">Accrued expenses and other liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1" xml:lang="en-US">Accrued expenses</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1" xlink:to="lab_7266800334M41J82H72K_us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1" xlink:label="loc_HF4325JKIF32_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1" xml:lang="en-US">Noncash Or Part Noncash Acquisition, Net Nonmonetary Assets Acquired (Liabilities Assumed), Total</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1" xml:lang="en-US">Total consideration</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1" xml:lang="en-US">Total consideration</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1" xlink:to="lab_JH6547LMKH54_us-gaap_NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_NoncashOrPartNoncashAcquisitionAmountDueToSellerForPurchasePriceAdjustments" xlink:label="loc_5044688112K29H60F50I_ocn_NoncashOrPartNoncashAcquisitionAmountDueToSellerForPurchasePriceAdjustments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionAmountDueToSellerForPurchasePriceAdjustments" xml:lang="en-US">Noncash Or Part Noncash Acquisition Amount Due To Seller For Purchase Price Adjustments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionAmountDueToSellerForPurchasePriceAdjustments" xml:lang="en-US">Amount due to seller for purchase price adjustments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionAmountDueToSellerForPurchasePriceAdjustments" xml:lang="en-US">Represents noncash or part noncash acquisition amount due to seller for purchase price adjustments.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_NoncashOrPartNoncashAcquisitionAmountDueToSellerForPurchasePriceAdjustments" xlink:to="lab_7266800334M41J82H72K_ocn_NoncashOrPartNoncashAcquisitionAmountDueToSellerForPurchasePriceAdjustments"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionCostOfAcquiredEntityCashPaid" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionCostOfAcquiredEntityCashPaid"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionCostOfAcquiredEntityCashPaid" xml:lang="en-US">Business Acquisition, Cost of Acquired Entity, Cash Paid</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionCostOfAcquiredEntityCashPaid" xml:lang="en-US">Business acquisition, cost of acquired entity, cash paid</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionCostOfAcquiredEntityCashPaid" xml:lang="en-US">Cash paid</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionCostOfAcquiredEntityCashPaid" xml:lang="en-US">Aggregate purchase price paid</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/zeroLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionCostOfAcquiredEntityCashPaid" xml:lang="en-US">Purchase price</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionCostOfAcquiredEntityCashPaid" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionCostOfAcquiredEntityCashPaid"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_CapitalSecuritiesInterestRateStatedPercentage" xlink:label="loc_5044688112K29H60F50I_ocn_CapitalSecuritiesInterestRateStatedPercentage"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_CapitalSecuritiesInterestRateStatedPercentage" xml:lang="en-US">Capital Securities Interest Rate Stated Percentage</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_CapitalSecuritiesInterestRateStatedPercentage" xml:lang="en-US">Redemption of capital securities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_CapitalSecuritiesInterestRateStatedPercentage" xml:lang="en-US">Redemption of Capital Securities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_CapitalSecuritiesInterestRateStatedPercentage" xml:lang="en-US">Represents the interest rate on capital trust securities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_CapitalSecuritiesInterestRateStatedPercentage" xlink:to="lab_7266800334M41J82H72K_ocn_CapitalSecuritiesInterestRateStatedPercentage"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_AccountingPoliciesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_AccountingPoliciesAbstract" xml:lang="en-US">Accounting Policies [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_AccountingPoliciesAbstract" xml:lang="en-US">Accounting Policies [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_AccountingPoliciesAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_AccountingPoliciesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" xml:lang="en-US">Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" xml:lang="en-US">DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AssetSalesAndFinancingAbstract" xlink:label="loc_HF4325JKIF32_ocn_AssetSalesAndFinancingAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AssetSalesAndFinancingAbstract" xml:lang="en-US">Asset Sales and Financing [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AssetSalesAndFinancingAbstract" xml:lang="en-US">Asset Sales and Financing [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AssetSalesAndFinancingAbstract" xlink:to="lab_JH6547LMKH54_ocn_AssetSalesAndFinancingAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AssetSalesAndFinancingTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_AssetSalesAndFinancingTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AssetSalesAndFinancingTextBlock" xml:lang="en-US">Asset Sales and Financing [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AssetSalesAndFinancingTextBlock" xml:lang="en-US">Dispositions Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AssetSalesAndFinancingTextBlock" xml:lang="en-US">SECURITIZATIONS AND VARIABLE INTEREST ENTITIES</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AssetSalesAndFinancingTextBlock" xml:lang="en-US">The entire disclosure for sales of assets and liabilities directly associated with those assets that will be transferred in the transaction. This may include a description of an asset sale (or series of individually immaterial assets sales) completed during the period, including background, timing, and assets and liabilities sold. This element does not include fixed asset sales and plant closings.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AssetSalesAndFinancingTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_AssetSalesAndFinancingTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessCombinationsAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessCombinationsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessCombinationsAbstract" xml:lang="en-US">Business Combinations [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessCombinationsAbstract" xml:lang="en-US">Business Combinations [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessCombinationsAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessCombinationsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessCombinationDisclosureTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_BusinessCombinationDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessCombinationDisclosureTextBlock" xml:lang="en-US">Business Combination Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessCombinationDisclosureTextBlock" xml:lang="en-US">Mergers, Acquisitions and Dispositions Disclosures [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessCombinationDisclosureTextBlock" xml:lang="en-US">BUSINESS ACQUISITIONS</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BusinessCombinationDisclosureTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_BusinessCombinationDisclosureTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_FairValueDisclosuresAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueDisclosuresAbstract" xml:lang="en-US">Fair Value Disclosures [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueDisclosuresAbstract" xml:lang="en-US">Fair Value Disclosures [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FairValueDisclosuresAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_FairValueDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_FairValueDisclosuresTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueDisclosuresTextBlock" xml:lang="en-US">Fair Value Disclosures [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueDisclosuresTextBlock" xml:lang="en-US">Fair Value Disclosures [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueDisclosuresTextBlock" xml:lang="en-US">FAIR VALUE OF FINANCIAL INSTRUMENTS</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FairValueDisclosuresTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_FairValueDisclosuresTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoansHeldForSaleAtFairValueAbstract" xlink:label="loc_HF4325JKIF32_ocn_LoansHeldForSaleAtFairValueAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_LoansHeldForSaleAtFairValueAbstract" xml:lang="en-US">Loans Held For Sale At Fair Value [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_LoansHeldForSaleAtFairValueAbstract" xml:lang="en-US">Loans Held For Sale At Fair Value [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_LoansHeldForSaleAtFairValueAbstract" xlink:to="lab_JH6547LMKH54_ocn_LoansHeldForSaleAtFairValueAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoansHeldForSaleAtFairValueTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_LoansHeldForSaleAtFairValueTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtFairValueTextBlock" xml:lang="en-US">Loans Held For Sale At Fair Value [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtFairValueTextBlock" xml:lang="en-US">LOANS HELD FOR SALE, AT FAIR VALUE</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtFairValueTextBlock" xml:lang="en-US">This element represents information of loans held for sale at fair value.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_LoansHeldForSaleAtFairValueTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtFairValueTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdvancesAbstract" xlink:label="loc_HF4325JKIF32_ocn_AdvancesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AdvancesAbstract" xml:lang="en-US">Advances [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AdvancesAbstract" xml:lang="en-US">Advances [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AdvancesAbstract" xlink:to="lab_JH6547LMKH54_ocn_AdvancesAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdvancesTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_AdvancesTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesTextBlock" xml:lang="en-US">Advances [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesTextBlock" xml:lang="en-US">ADVANCES</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesTextBlock" xml:lang="en-US">The disclosure of non-interest-bearing advances made on loans serviced for others. Includes receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Also includes receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AdvancesTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_AdvancesTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MatchFundedAdvancesAbstract" xlink:label="loc_HF4325JKIF32_ocn_MatchFundedAdvancesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedAdvancesAbstract" xml:lang="en-US">Match Funded Advances [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedAdvancesAbstract" xml:lang="en-US">Match Funded Advances [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MatchFundedAdvancesAbstract" xlink:to="lab_JH6547LMKH54_ocn_MatchFundedAdvancesAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MatchFundedAdvancesTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_MatchFundedAdvancesTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_MatchFundedAdvancesTextBlock" xml:lang="en-US">Match Funded Advances [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_MatchFundedAdvancesTextBlock" xml:lang="en-US">Transfers Accounted For As Secured Borrowings Advances [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_MatchFundedAdvancesTextBlock" xml:lang="en-US">MATCH FUNDED ADVANCES</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_MatchFundedAdvancesTextBlock" xml:lang="en-US">The disclosure for the carrying amount of advances transferred to special purpose entities in transactions accounted for as secured borrowings in the transferor's statement of financial position. Advances include receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Advances also include receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_MatchFundedAdvancesTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_MatchFundedAdvancesTextBlock"/>









<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ReceivablesAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_ReceivablesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ReceivablesAbstract" xml:lang="en-US">Receivables [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ReceivablesAbstract" xml:lang="en-US">Receivables [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ReceivablesAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_ReceivablesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xml:lang="en-US">Loans, Notes, Trade and Other Receivables Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xml:lang="en-US">Loans, Notes, Trade and Other Receivables Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xml:lang="en-US">RECEIVABLES</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xml:lang="en-US">Goodwill and Intangible Assets Disclosure [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xml:lang="en-US">Goodwill and Intangible Assets Disclosure [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GoodwillDisclosureTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_GoodwillDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_GoodwillDisclosureTextBlock" xml:lang="en-US">Goodwill Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_GoodwillDisclosureTextBlock" xml:lang="en-US">GOODWILL</label>
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<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DebtServiceAccountsAbstract" xlink:label="loc_HF4325JKIF32_ocn_DebtServiceAccountsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DebtServiceAccountsAbstract" xml:lang="en-US">Debt Service Accounts [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DebtServiceAccountsAbstract" xml:lang="en-US">Debt Disclosure [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DebtServiceAccountsAbstract" xlink:to="lab_JH6547LMKH54_ocn_DebtServiceAccountsAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DebtServiceAccountsTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_DebtServiceAccountsTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DebtServiceAccountsTextBlock" xml:lang="en-US">Debt Service Accounts [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DebtServiceAccountsTextBlock" xml:lang="en-US">Debt Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DebtServiceAccountsTextBlock" xml:lang="en-US">DEBT SERVICE ACCOUNTS</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DebtServiceAccountsTextBlock" xml:lang="en-US">The entire disclosure for information about debt service accounts.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_DebtServiceAccountsTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_DebtServiceAccountsTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherAssetsAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_OtherAssetsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_OtherAssetsAbstract" xml:lang="en-US">Other Assets [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherAssetsAbstract" xml:lang="en-US">Other Assets [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_OtherAssetsAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_OtherAssetsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherAssetsDisclosureTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherAssetsDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherAssetsDisclosureTextBlock" xml:lang="en-US">Other Assets Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherAssetsDisclosureTextBlock" xml:lang="en-US">Other Assets Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherAssetsDisclosureTextBlock" xml:lang="en-US">OTHER ASSETS</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OtherAssetsDisclosureTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_OtherAssetsDisclosureTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MatchFundedLiabilitiesAbstract" xlink:label="loc_HF4325JKIF32_ocn_MatchFundedLiabilitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedLiabilitiesAbstract" xml:lang="en-US">Match Funded Liabilities [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedLiabilitiesAbstract" xml:lang="en-US">Match Funded Liabilities [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MatchFundedLiabilitiesAbstract" xlink:to="lab_JH6547LMKH54_ocn_MatchFundedLiabilitiesAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MatchFundedLiabilitiesTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_MatchFundedLiabilitiesTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_MatchFundedLiabilitiesTextBlock" xml:lang="en-US">Match Funded Liabilities [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_MatchFundedLiabilitiesTextBlock" xml:lang="en-US">Transfers Accounted For As Secured Borrowings Associated Liabilities [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_MatchFundedLiabilitiesTextBlock" xml:lang="en-US">MATCH FUNDED LIABILITIES</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_MatchFundedLiabilitiesTextBlock" xml:lang="en-US">The disclosure for debt associated with advances transferred to special purpose entities in transactions accounted for as secured borrowings recognized in the transferor's statement of financial position, including repayment terms, interest rates, unused borrowings capacity, and other matters important to users of the financial statements, such as the effects of refinancing and any non-compliance with debt covenants.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_MatchFundedLiabilitiesTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_MatchFundedLiabilitiesTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OtherBorrowingsAbstract" xlink:label="loc_HF4325JKIF32_ocn_OtherBorrowingsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_OtherBorrowingsAbstract" xml:lang="en-US">Other Borrowings [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_OtherBorrowingsAbstract" xml:lang="en-US">Other borrowings:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_OtherBorrowingsAbstract" xml:lang="en-US">Secured and Unsecured Debt Other [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_OtherBorrowingsAbstract" xlink:to="lab_JH6547LMKH54_ocn_OtherBorrowingsAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OtherBorrowingsTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_OtherBorrowingsTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_OtherBorrowingsTextBlock" xml:lang="en-US">Other Borrowings [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OtherBorrowingsTextBlock" xml:lang="en-US">Secured Debt Other [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OtherBorrowingsTextBlock" xml:lang="en-US">OTHER BORROWINGS</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_OtherBorrowingsTextBlock" xml:lang="en-US">The disclosure for information about other borrowings.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_OtherBorrowingsTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_OtherBorrowingsTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherLiabilitiesAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_OtherLiabilitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_OtherLiabilitiesAbstract" xml:lang="en-US">Other Liabilities [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherLiabilitiesAbstract" xml:lang="en-US">Other liabilities:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherLiabilitiesAbstract" xml:lang="en-US">Other Liabilities [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_OtherLiabilitiesAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_OtherLiabilitiesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherLiabilitiesDisclosureTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherLiabilitiesDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherLiabilitiesDisclosureTextBlock" xml:lang="en-US">Other Liabilities Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherLiabilitiesDisclosureTextBlock" xml:lang="en-US">Other Liabilities Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherLiabilitiesDisclosureTextBlock" xml:lang="en-US">OTHER LIABILITIES</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OtherLiabilitiesDisclosureTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_OtherLiabilitiesDisclosureTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EquityAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_EquityAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_EquityAbstract" xml:lang="en-US">Equity [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_EquityAbstract" xml:lang="en-US">Equity [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_EquityAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_EquityAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MezzanineEquityTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_MezzanineEquityTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_MezzanineEquityTextBlock" xml:lang="en-US">Mezzanine Equity [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_MezzanineEquityTextBlock" xml:lang="en-US">MEZZANINE EQUITY</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_MezzanineEquityTextBlock" xml:lang="en-US">The entire disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_MezzanineEquityTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_MezzanineEquityTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xml:lang="en-US">Derivative Instruments and Hedging Activities Disclosure [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xml:lang="en-US">Derivative Instruments and Hedging Activities Disclosure [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xml:lang="en-US">Derivative Instruments and Hedging Activities Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xml:lang="en-US">Derivative Instruments and Hedging Activities Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xml:lang="en-US">DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestExpenseAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_InterestExpenseAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_InterestExpenseAbstract" xml:lang="en-US">Interest Expense [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_InterestExpenseAbstract" xml:lang="en-US">Interest Expense [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_InterestExpenseAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_InterestExpenseAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_InterestExpenseTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_InterestExpenseTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_InterestExpenseTextBlock" xml:lang="en-US">Interest Expense [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_InterestExpenseTextBlock" xml:lang="en-US">Interest Expense [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_InterestExpenseTextBlock" xml:lang="en-US">INTEREST EXPENSE</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_InterestExpenseTextBlock" xml:lang="en-US">The disclosure of the cost of all borrowed funds accounted for as interest expense that was charged against earnings during the period, by category of interest-bearing liabilities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_InterestExpenseTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_InterestExpenseTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_EarningsPerShareBasicAndDilutedAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_EarningsPerShareBasicAndDilutedAbstract" xml:lang="en-US">Earnings Per Share, Basic and Diluted [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_EarningsPerShareBasicAndDilutedAbstract" xml:lang="en-US">Earnings Per Share, Basic and Diluted [Abstract]</label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareTextBlock" xml:lang="en-US">Earnings Per Share [Text Block]</label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareTextBlock" xml:lang="en-US">BASIC AND DILUTED EARNINGS PER SHARE (EPS)</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_SegmentReportingAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_SegmentReportingAbstract" xml:lang="en-US">Segment Reporting [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_SegmentReportingAbstract" xml:lang="en-US">Segment Reporting [Abstract]</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_SegmentReportingDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SegmentReportingDisclosureTextBlock" xml:lang="en-US">Segment Reporting Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SegmentReportingDisclosureTextBlock" xml:lang="en-US">Segment Reporting Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SegmentReportingDisclosureTextBlock" xml:lang="en-US">BUSINESS SEGMENT REPORTING</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_RelatedPartyTransactionsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionsAbstract" xml:lang="en-US">Related Party Transactions [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionsAbstract" xml:lang="en-US">Related Party Transactions [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_RelatedPartyTransactionsAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_RelatedPartyTransactionsDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xml:lang="en-US">Related Party Transactions Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xml:lang="en-US">Related Party Transactions Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xml:lang="en-US">RELATED PARTY TRANSACTIONS</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionsDisclosureTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_RegulatoryRequirementsAbstract" xlink:label="loc_HF4325JKIF32_ocn_RegulatoryRequirementsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_RegulatoryRequirementsAbstract" xml:lang="en-US">Regulatory Requirements [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_RegulatoryRequirementsAbstract" xml:lang="en-US">Regulatory Requirements [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_RegulatoryRequirementsAbstract" xlink:to="lab_JH6547LMKH54_ocn_RegulatoryRequirementsAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_RegulatoryRequirementsTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_RegulatoryRequirementsTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_RegulatoryRequirementsTextBlock" xml:lang="en-US">Regulatory Requirements [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_RegulatoryRequirementsTextBlock" xml:lang="en-US">REGULATORY REQUIREMENTS</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_RegulatoryRequirementsTextBlock" xml:lang="en-US">Description of regulatory oversight by federal, state, local and foreign governmental authorities that apply to the business.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_RegulatoryRequirementsTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_RegulatoryRequirementsTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_CommitmentsAndContingenciesDisclosureAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xml:lang="en-US">Commitments and Contingencies Disclosure [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xml:lang="en-US">Commitments and Contingencies Disclosure [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_CommitmentsAndContingenciesDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xml:lang="en-US">Commitments and Contingencies Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xml:lang="en-US">Commitments and Contingencies Disclosure [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xml:lang="en-US">COMMITMENTS AND CONTINGENCIES</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_SubsequentEventsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_SubsequentEventsAbstract" xml:lang="en-US">Subsequent Events [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_SubsequentEventsAbstract" xml:lang="en-US">Subsequent Events [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_SubsequentEventsAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_SubsequentEventsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_SubsequentEventsTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SubsequentEventsTextBlock" xml:lang="en-US">Subsequent Events [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SubsequentEventsTextBlock" xml:lang="en-US">Subsequent Events [Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SubsequentEventsTextBlock" xml:lang="en-US">SUBSEQUENT EVENTS</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_SubsequentEventsTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_SubsequentEventsTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock" xml:lang="en-US">Transfers and Servicing of Financial Assets, Policy [Policy Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock" xml:lang="en-US">Transfers of Financial Assets</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_TransfersAndServicingOfFinancialAssetsPolicyTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xml:lang="en-US">New Accounting Pronouncements, Policy [Policy Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xml:lang="en-US">Recent Accounting Pronouncements</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock" xlink:label="loc_HF4325JKIF32_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock" xml:lang="en-US">Schedule Of Cash Flows Related To Transfers Accounted For As Sale [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock" xml:lang="en-US">Schedule of cash flows related to transfers accounted for as sales</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock" xml:lang="en-US">Tabular disclosure of amounts pertaining to the excess over or deficiency from the carrying amounts of cash flows which are recognized upon the sales.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock" xlink:to="lab_JH6547LMKH54_ocn_ScheduleOfCashFlowsRelatedToTransfersAccountedForAsSaleTableTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock" xml:lang="en-US">Schedule Of Assets That Relate To Continuing Involvement With Transferred Financial Assets With Servicing Rights And Maximum Exposure To Loss Including The Unpaid Principal Balance [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock" xml:lang="en-US">Schedule of assets that relate to our continuing involvement with forward loans that we have transferred with servicing rights retained as well as our maximum exposure to loss including the unpaid principal balance</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock" xml:lang="en-US">Tabular disclosure of all information related to carrying amounts of assets that relate to continuing involvement with transferred financial assets, that transferred with servicing rights retained as well as maximum exposure to loss including the unpaid principal balance.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_ScheduleOfAssetsThatRelateToContinuingInvolvementWithTransferredFinancialAssetsWithServicingRightsAndMaximumExposureToLossIncludingTheUnpaidPrincipalBalanceTableTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ScheduleOfPurchasePriceAllocationToSaleOfAssetsAndLiabilitiesAssumedTableTextBlock" xlink:label="loc_HF4325JKIF32_ocn_ScheduleOfPurchasePriceAllocationToSaleOfAssetsAndLiabilitiesAssumedTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfPurchasePriceAllocationToSaleOfAssetsAndLiabilitiesAssumedTableTextBlock" xml:lang="en-US">Schedule Of Purchase Price Allocation To Sale Of Assets and Liabilities Assumed [Table Text Block]</label>

<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfPurchasePriceAllocationToSaleOfAssetsAndLiabilitiesAssumedTableTextBlock" xml:lang="en-US">Schedule of summary of the assets and liabilities sold to HLSS</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfPurchasePriceAllocationToSaleOfAssetsAndLiabilitiesAssumedTableTextBlock" xml:lang="en-US">Tabular disclosure of carrying value of MSRs and advances sold to, and liabilities assumed by the purchaser in an asset sale. The sale of MSRs are accounted for as a financing and the sale of advances qualify for sales accounting.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ScheduleOfPurchasePriceAllocationToSaleOfAssetsAndLiabilitiesAssumedTableTextBlock" xlink:to="lab_JH6547LMKH54_ocn_ScheduleOfPurchasePriceAllocationToSaleOfAssetsAndLiabilitiesAssumedTableTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_RescapAndHomewardAcquisitionsMember" xlink:label="loc_5044688112K29H60F50I_ocn_RescapAndHomewardAcquisitionsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_RescapAndHomewardAcquisitionsMember" xml:lang="en-US">Rescap and Homeward Acquisitions [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_RescapAndHomewardAcquisitionsMember" xml:lang="en-US">ResCap and Homeward Acquisitions</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_RescapAndHomewardAcquisitionsMember" xml:lang="en-US">ResCap and Homeward</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_RescapAndHomewardAcquisitionsMember" xml:lang="en-US">This element represents information about ResCap and Homeward acquisitions.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_RescapAndHomewardAcquisitionsMember" xlink:to="lab_7266800334M41J82H72K_ocn_RescapAndHomewardAcquisitionsMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_RescapAcquisitionMember" xlink:label="loc_HF4325JKIF32_ocn_RescapAcquisitionMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_RescapAcquisitionMember" xml:lang="en-US">Rescap Acquisition [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_RescapAcquisitionMember" xml:lang="en-US">ResCap Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_RescapAcquisitionMember" xml:lang="en-US">Rescap Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_RescapAcquisitionMember" xml:lang="en-US">Specific acquisition.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_RescapAcquisitionMember" xlink:to="lab_JH6547LMKH54_ocn_RescapAcquisitionMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_HomewardAcquisitionMember" xlink:label="loc_5044688112K29H60F50I_ocn_HomewardAcquisitionMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardAcquisitionMember" xml:lang="en-US">Homeward Acquisition [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardAcquisitionMember" xml:lang="en-US">Homeward Acquisition [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardAcquisitionMember" xml:lang="en-US">Homeward Acquisitions</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardAcquisitionMember" xml:lang="en-US">This element represents information about Homeward acquisitions.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_HomewardAcquisitionMember" xlink:to="lab_7266800334M41J82H72K_ocn_HomewardAcquisitionMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfPurchasePriceAllocationTableTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfPurchasePriceAllocationTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfPurchasePriceAllocationTableTextBlock" xml:lang="en-US">Schedule Of Purchase Price Allocation [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfPurchasePriceAllocationTableTextBlock" xml:lang="en-US">Schedule of Purchase Price Allocation [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfPurchasePriceAllocationTableTextBlock" xml:lang="en-US">Schedule of purchase price allocation</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfPurchasePriceAllocationTableTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfPurchasePriceAllocationTableTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock" xml:lang="en-US">Business Acquisition Operating Results Since Acquisition Date [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock" xml:lang="en-US">Schedule of revenue and earnings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock" xml:lang="en-US">Tabular disclosure presenting the revenues and results of operations of acquiree since the date of acquisition through a period end.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionOperatingResultsSinceAcquisitionDateTableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionProFormaInformationTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionProFormaInformationTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionProFormaInformationTextBlock" xml:lang="en-US">Business Acquisition, Pro Forma Information [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionProFormaInformationTextBlock" xml:lang="en-US">Business Acquisition, Pro Forma Information [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionProFormaInformationTextBlock" xml:lang="en-US">Schedule of pro forma results of operations</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionProFormaInformationTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionProFormaInformationTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_FairValueByBalanceSheetGroupingTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueByBalanceSheetGroupingTextBlock" xml:lang="en-US">Fair Value, By Balance Sheet Grouping [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueByBalanceSheetGroupingTextBlock" xml:lang="en-US"></label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueByBalanceSheetGroupingTextBlock" xml:lang="en-US">Schedule of carrying and estimated fair values of financial instruments</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FairValueByBalanceSheetGroupingTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_FairValueByBalanceSheetGroupingTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xml:lang="en-US">Fair Value, Assets Measured On Recurring Basis, Unobservable Input Reconciliation [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xml:lang="en-US">Schedule of reconciliation of the changes in fair value of Level 3 assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xml:lang="en-US">Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock" xml:lang="en-US">Loans Held For Sale Carried At Fair Value [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock" xml:lang="en-US">Schedule of activity in balance of loans held for sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock" xml:lang="en-US">Tabular disclosure of loans held for sale carried at fair value.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleCarriedAtFairValueTableTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_GainOnLoansHeldForSaleTableTextBlock" xlink:label="loc_HF4325JKIF32_ocn_GainOnLoansHeldForSaleTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_GainOnLoansHeldForSaleTableTextBlock" xml:lang="en-US">Gain On Loans Held For Sale [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_GainOnLoansHeldForSaleTableTextBlock" xml:lang="en-US">Schedule of activity in Gain on loans held for sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_GainOnLoansHeldForSaleTableTextBlock" xml:lang="en-US">Tabular disclosure of gain on loans held for sale.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_GainOnLoansHeldForSaleTableTextBlock" xlink:to="lab_JH6547LMKH54_ocn_GainOnLoansHeldForSaleTableTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" xml:lang="en-US">Schedule Of Advance Payments By Financial Institution On Foreclosed Properties Summary [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" xml:lang="en-US">Schedule of advances, representing payments made</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" xml:lang="en-US">Schedule of advances, representing payments made</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" xml:lang="en-US">Disclosure of accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) which will periodically be remitted to the lender, appropriate governmental agency(ies) or vendor(s) on behalf of the borrower.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_ScheduleOfAdvancePaymentsByFinancialInstitutionOnForeclosedPropertiesSummaryTableTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ScheduleOfMatchFundedAdvancesTableTextBlock" xlink:label="loc_HF4325JKIF32_ocn_ScheduleOfMatchFundedAdvancesTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfMatchFundedAdvancesTableTextBlock" xml:lang="en-US">Schedule Of Match Funded Advances [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfMatchFundedAdvancesTableTextBlock" xml:lang="en-US">Transfers Accounted for as Secured Borrowings, Classification, Assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfMatchFundedAdvancesTableTextBlock" xml:lang="en-US">Schedule of advances, representing payments made</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfMatchFundedAdvancesTableTextBlock" xml:lang="en-US">Tabular disclosure of accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) accounted for as secured borrowings recognized in the transferor's statement of financial position at the end of each period presented.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ScheduleOfMatchFundedAdvancesTableTextBlock" xlink:to="lab_JH6547LMKH54_ocn_ScheduleOfMatchFundedAdvancesTableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock" xml:lang="en-US">Schedule Of Servicing Assets At Amortized Value [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock" xml:lang="en-US">Schedule of activity related to MSRs - Amortization method</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock" xml:lang="en-US">Schedule of Servicing Assets at Amortized Value [Table Text Block]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock" xml:lang="en-US">Schedule Of Servicing Assets At Fair Value [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock" xml:lang="en-US">Schedule of activity related to MSRs - Fair value measurement method</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock" xml:lang="en-US">Schedule Of Sensitivity Analysis Of Fair Value, Transferor's Interests In Transferred Financial Assets [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock" xml:lang="en-US">Schedule of estimated change in the fair value of our MSRs</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock" xlink:label="loc_HF4325JKIF32_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock" xml:lang="en-US">Schedule Of Servicing and Subservicing Fees [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock" xml:lang="en-US">Schedule of components of servicing and subservicing fees</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock" xml:lang="en-US">Schedule Of Servicing And Subservicing Fees [TableTextBlock]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock" xml:lang="en-US">Tabular disclosure of fees generated during the reporting period for servicing subservicing of assets.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock" xlink:to="lab_JH6547LMKH54_ocn_ScheduleOfServicingAndSubservicingFeesTableTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock" xml:lang="en-US">Schedule Of Loans Serviced By Property Type [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock" xml:lang="en-US">Schedule of composition of servicing and subservicing portfolios by type of property serviced</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock" xml:lang="en-US">Schedule Of Loans Serviced By Property Type [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock" xml:lang="en-US">Tabular disclosure of loans serviced by property type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_ScheduleOfLoansServicedByPropertyTypeTableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock" xml:lang="en-US">Schedule Of Accounts, Notes, Loans and Financing Receivable [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock" xml:lang="en-US">Schedule of receivables</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfGoodwillTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_ScheduleOfGoodwillTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfGoodwillTextBlock" xml:lang="en-US">Schedule Of Goodwill [Table Text Block]</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfOtherAssetsTableTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfOtherAssetsTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfOtherAssetsTableTextBlock" xml:lang="en-US">Schedule Of Other Assets [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfOtherAssetsTableTextBlock" xml:lang="en-US">Schedule of other assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfOtherAssetsTableTextBlock" xml:lang="en-US">Schedule of Other Assets [Table Text Block]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfOtherAssetsTableTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfOtherAssetsTableTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock" xml:lang="en-US">Schedule Of Match Funded Liabilities [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock" xml:lang="en-US">Schedule of match funded liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock" xml:lang="en-US">Transfers Accounted for as Secured Borrowings, Classification, Associated Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock" xml:lang="en-US">Tabular disclosure of amount secured borrowings recognized in the transferor's statement of financial position at the end of each period presented that are associated with the transfers of  accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) where the transfers are accounted for as a financing.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_ScheduleOfMatchFundedLiabilitiesTableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock" xml:lang="en-US">Schedule Of Line Of Credit Facilities [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock" xml:lang="en-US">Schedule of lines of credit and other secured and unsecured borrowings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock" xml:lang="en-US">Schedule of Line of Credit Facilities [Table Text Block]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ScheduleOfOtherLiabilitiesTableTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_ScheduleOfOtherLiabilitiesTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfOtherLiabilitiesTableTextBlock" xml:lang="en-US">Schedule Of Other Liabilities [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfOtherLiabilitiesTableTextBlock" xml:lang="en-US">Schedule of other liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfOtherLiabilitiesTableTextBlock" xml:lang="en-US">Schedule of Other Assets and Other Liabilities [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfOtherLiabilitiesTableTextBlock" xml:lang="en-US">Tabular disclosure of other liabilities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ScheduleOfOtherLiabilitiesTableTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_ScheduleOfOtherLiabilitiesTableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TemporaryEquityTableTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_TemporaryEquityTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_TemporaryEquityTableTextBlock" xml:lang="en-US">Temporary Equity [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_TemporaryEquityTableTextBlock" xml:lang="en-US">Schedule of carrying value of preferred shares</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_TemporaryEquityTableTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_TemporaryEquityTableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock" xml:lang="en-US">Schedule Of Derivative Instruments [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock" xml:lang="en-US">Schedule of changes in notional balance of holdings of derivatives</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock" xml:lang="en-US">Schedule of Derivative Instruments [Table Text Block]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xml:lang="en-US">Schedule Of Derivative Instruments In Statement Of Financial Position, Fair Value [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xml:lang="en-US">Schedule of gains (losses) on derivatives</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xml:lang="en-US">Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="loc_5044688112K29H60F50I_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xml:lang="en-US">Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xml:lang="en-US">Schedule of changes in the losses on cash flow hedges included in AOCL</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:to="lab_7266800334M41J82H72K_us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xml:lang="en-US">Schedule Of Derivative Instruments, Gain (Loss) In Statement Of Financial Performance [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xml:lang="en-US">Schedule of statements of operations related to derivative financial instruments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xml:lang="en-US">Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock" xml:lang="en-US">Schedule Of Interest Expense By Liability [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock" xml:lang="en-US">Schedule of components of interest expense</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock" xml:lang="en-US">ScheduleOfInterestExpenseByLiability [TableTextBlock]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock" xml:lang="en-US">Tabular disclosure of interest expense by the components of the Company's interest-bearing liabilities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_ScheduleOfInterestExpenseByLiabilityTableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xml:lang="en-US">Schedule Of Earnings Per Share, Basic and Diluted [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xml:lang="en-US">Schedule of reconciliation of calculation of basic EPS to diluted EPS</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="loc_5044688112K29H60F50I_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xml:lang="en-US">Schedule Of Segment Reporting Information, By Segment [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:to="lab_7266800334M41J82H72K_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_HF4325JKIF32_us-gaap_StatementBusinessSegmentsAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_StatementBusinessSegmentsAxis" xml:lang="en-US">Business Segments [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_StatementBusinessSegmentsAxis" xml:lang="en-US">Business Segments [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_StatementBusinessSegmentsAxis" xlink:to="lab_JH6547LMKH54_us-gaap_StatementBusinessSegmentsAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_5044688112K29H60F50I_us-gaap_SegmentDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SegmentDomain" xml:lang="en-US">Segment [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SegmentDomain" xml:lang="en-US">Segment [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_SegmentDomain" xlink:to="lab_7266800334M41J82H72K_us-gaap_SegmentDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DepreciationAndAmortizationMember" xlink:label="loc_HF4325JKIF32_ocn_DepreciationAndAmortizationMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DepreciationAndAmortizationMember" xml:lang="en-US">Depreciation and Amortization [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DepreciationAndAmortizationMember" xml:lang="en-US">Depreciation and Amortization</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DepreciationAndAmortizationMember" xml:lang="en-US">Represents the information related to depreciation and amortization.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DepreciationAndAmortizationMember" xlink:to="lab_JH6547LMKH54_ocn_DepreciationAndAmortizationMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="loc_5044688112K29H60F50I_us-gaap_SegmentReportingInformationLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SegmentReportingInformationLineItems" xml:lang="en-US">Segment Reporting Information [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SegmentReportingInformationLineItems" xml:lang="en-US">Segment Reporting Information [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_SegmentReportingInformationLineItems" xlink:to="lab_7266800334M41J82H72K_us-gaap_SegmentReportingInformationLineItems"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xml:lang="en-US">Schedule Of Segment Reporting Information, By Segment [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xml:lang="en-US">Schedule of segment reporting information</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table Text Block]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_RelatedPartyTransactionDetailsTableTextBlock" xlink:label="loc_5044688112K29H60F50I_ocn_RelatedPartyTransactionDetailsTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_RelatedPartyTransactionDetailsTableTextBlock" xml:lang="en-US">Related Party Transaction Details [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_RelatedPartyTransactionDetailsTableTextBlock" xml:lang="en-US">Related Party Transaction Details [TableTextBlock]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_RelatedPartyTransactionDetailsTableTextBlock" xml:lang="en-US">Schedule of revenues and expenses related to various service agreements</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_RelatedPartyTransactionDetailsTableTextBlock" xml:lang="en-US">Disclosure of details of transactions with related parties</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_RelatedPartyTransactionDetailsTableTextBlock" xlink:to="lab_7266800334M41J82H72K_ocn_RelatedPartyTransactionDetailsTableTextBlock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ScheduleOfReceivableFromOrPayableToAffiliatesTableTextBlock" xlink:label="loc_HF4325JKIF32_ocn_ScheduleOfReceivableFromOrPayableToAffiliatesTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfReceivableFromOrPayableToAffiliatesTableTextBlock" xml:lang="en-US">Schedule Of Receivable From Or Payable To Affiliates [Table Text Block]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfReceivableFromOrPayableToAffiliatesTableTextBlock" xml:lang="en-US">Schedule of amounts receivable from or payable to at the dates</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ScheduleOfReceivableFromOrPayableToAffiliatesTableTextBlock" xml:lang="en-US">This element represents tabular disclosure of receivable from or payable to affiliates.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ScheduleOfReceivableFromOrPayableToAffiliatesTableTextBlock" xlink:to="lab_JH6547LMKH54_ocn_ScheduleOfReceivableFromOrPayableToAffiliatesTableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale" xlink:label="loc_5044688112K29H60F50I_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale" xml:lang="en-US">Proceeds from Securitizations of Loans Held-for-sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale" xml:lang="en-US">Proceeds received from securitizations</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale" xlink:to="lab_7266800334M41J82H72K_us-gaap_ProceedsFromSecuritizationsOfLoansHeldForSale"/>





<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees" xlink:label="loc_5044688112K29H60F50I_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees" xml:lang="en-US">Cash Flows Between Transferor and Transferee, Servicing Fees</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees" xml:lang="en-US">Servicing fees collected</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees" xlink:to="lab_7266800334M41J82H72K_us-gaap_CashFlowsBetweenTransfereeAndTransferorServicingFees"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets" xlink:label="loc_HF4325JKIF32_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets" xml:lang="en-US">Cash Flows Between Transferor and Transferee, Purchases of Previously Transferred Financial Assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets" xml:lang="en-US">Purchases of previously transferred assets</label>
<label xlink:type="resource" xlink:label="lab_JH6547LMKH54_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Purchases of previously transferred assets</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets" xlink:to="lab_JH6547LMKH54_us-gaap_CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_CarryingValueOfAssetsAbstract" xlink:label="loc_5044688112K29H60F50I_ocn_CarryingValueOfAssetsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_CarryingValueOfAssetsAbstract" xml:lang="en-US">Carrying Value Of Assets [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_CarryingValueOfAssetsAbstract" xml:lang="en-US">Carrying Value of Assets:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_CarryingValueOfAssetsAbstract" xlink:to="lab_7266800334M41J82H72K_ocn_CarryingValueOfAssetsAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdvancesAndMatchFundedAdvances" xlink:label="loc_HF4325JKIF32_ocn_AdvancesAndMatchFundedAdvances"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AdvancesAndMatchFundedAdvances" xml:lang="en-US">Advances And Match Funded Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AdvancesAndMatchFundedAdvances" xml:lang="en-US">Advances and match funded advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AdvancesAndMatchFundedAdvances" xml:lang="en-US">This element represents the carrying amount (balance) as of the balance sheet date of advances and match funded advances.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AdvancesAndMatchFundedAdvances" xlink:to="lab_JH6547LMKH54_ocn_AdvancesAndMatchFundedAdvances"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_UnpaidPrincipalBalanceOfLoansTransferred" xlink:label="loc_5044688112K29H60F50I_ocn_UnpaidPrincipalBalanceOfLoansTransferred"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansTransferred" xml:lang="en-US">Unpaid Principal Balance Of Loans Transferred</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansTransferred" xml:lang="en-US">Unpaid principal balance of loans transferred</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansTransferred" xml:lang="en-US">This element represents the carrying amount (balance) as of the balance sheet date of unpaid principal balance of loans transferred.</label>
<label xlink:type="resource" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansTransferred" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Unpaid principal balance of loans transferred</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_UnpaidPrincipalBalanceOfLoansTransferred" xlink:to="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansTransferred"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MaximumExposureToLoss" xlink:label="loc_HF4325JKIF32_ocn_MaximumExposureToLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MaximumExposureToLoss" xml:lang="en-US">Maximum Exposure To Loss</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MaximumExposureToLoss" xml:lang="en-US">Maximum exposure to loss</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_ocn_MaximumExposureToLoss" xml:lang="en-US">Maximum exposure to loss</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MaximumExposureToLoss" xml:lang="en-US">This element represents the carrying amount (balance) as of the balance sheet date of maximum exposure to loss.</label>
<label xlink:type="resource" xlink:label="lab_JH6547LMKH54_ocn_MaximumExposureToLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US">Maximum exposure to loss</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MaximumExposureToLoss" xlink:to="lab_JH6547LMKH54_ocn_MaximumExposureToLoss"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xml:lang="en-US">Related Party [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xml:lang="en-US">Related Party [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_HF4325JKIF32_us-gaap_RelatedPartyDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyDomain" xml:lang="en-US">Related Party [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyDomain" xml:lang="en-US">Related Party [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_RelatedPartyDomain" xlink:to="lab_JH6547LMKH54_us-gaap_RelatedPartyDomain"/>






<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FairValueOfServicingAssetsSold" xlink:label="loc_HF4325JKIF32_ocn_FairValueOfServicingAssetsSold"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_FairValueOfServicingAssetsSold" xml:lang="en-US">Fair Value Of Servicing Assets Sold</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_FairValueOfServicingAssetsSold" xml:lang="en-US">Sale of MSRs accounted for as a financing (1)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_FairValueOfServicingAssetsSold" xml:lang="en-US">Fair value as of the date of sale of an asset representing net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_ocn_FairValueOfServicingAssetsSold" xml:lang="en-US">Sale of MSRs accounted for as a financing</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_FairValueOfServicingAssetsSold" xlink:to="lab_JH6547LMKH54_ocn_FairValueOfServicingAssetsSold"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_SaleOfMatchFundedAdvances" xlink:label="loc_5044688112K29H60F50I_ocn_SaleOfMatchFundedAdvances"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_SaleOfMatchFundedAdvances" xml:lang="en-US">Sale Of Match Funded Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_SaleOfMatchFundedAdvances" xml:lang="en-US">Sale of match funded advances (2)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_SaleOfMatchFundedAdvances" xml:lang="en-US">Sale related to match funded advances.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_ocn_SaleOfMatchFundedAdvances" xml:lang="en-US">Sale of match funded advances</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_SaleOfMatchFundedAdvances" xlink:to="lab_7266800334M41J82H72K_ocn_SaleOfMatchFundedAdvances"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DisposalGroupMatchFundedAdvances" xlink:label="loc_HF4325JKIF32_ocn_DisposalGroupMatchFundedAdvances"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupMatchFundedAdvances" xml:lang="en-US">Disposal Group Match Funded Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupMatchFundedAdvances" xml:lang="en-US">Match funded advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupMatchFundedAdvances" xml:lang="en-US">For the disposal group, carrying amount of financial assets accounted for as secured borrowings recognized in the transferor's statement of financial position.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupMatchFundedAdvances" xml:lang="en-US">Match funded advances</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DisposalGroupMatchFundedAdvances" xlink:to="lab_JH6547LMKH54_ocn_DisposalGroupMatchFundedAdvances"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DisposalGroupDebtServiceAccount" xlink:label="loc_5044688112K29H60F50I_ocn_DisposalGroupDebtServiceAccount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DisposalGroupDebtServiceAccount" xml:lang="en-US">Disposal Group Debt Service Account</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DisposalGroupDebtServiceAccount" xml:lang="en-US">Debt service account</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DisposalGroupDebtServiceAccount" xml:lang="en-US">For the disposal group, carrying amount of interest-earning cash on deposit for unapplied debt repayments of for possible shortfalls in payment of debt interest and related expenses.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DisposalGroupDebtServiceAccount" xml:lang="en-US">Debt service account</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_DisposalGroupDebtServiceAccount" xlink:to="lab_7266800334M41J82H72K_ocn_DisposalGroupDebtServiceAccount"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DisposalGroupDebtFeesAndDebtIssuanceCosts" xlink:label="loc_HF4325JKIF32_ocn_DisposalGroupDebtFeesAndDebtIssuanceCosts"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupDebtFeesAndDebtIssuanceCosts" xml:lang="en-US">Disposal Group Debt Fees and Debt Issuance Costs</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupDebtFeesAndDebtIssuanceCosts" xml:lang="en-US">Prepaid lender fees and debt issuance costs</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupDebtFeesAndDebtIssuanceCosts" xml:lang="en-US">For the disposal group, carrying amount of interest-earning cash on deposit for unapplied debt repayments for possible shortfalls in payment of debt interest and related expenses.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupDebtFeesAndDebtIssuanceCosts" xml:lang="en-US">Prepaid lender fees and debt issuance costs</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DisposalGroupDebtFeesAndDebtIssuanceCosts" xlink:to="lab_JH6547LMKH54_ocn_DisposalGroupDebtFeesAndDebtIssuanceCosts"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DisposalGroupOtherPrepaidExpenses" xlink:label="loc_5044688112K29H60F50I_ocn_DisposalGroupOtherPrepaidExpenses"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DisposalGroupOtherPrepaidExpenses" xml:lang="en-US">Disposal Group Other Prepaid Expenses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DisposalGroupOtherPrepaidExpenses" xml:lang="en-US">Other prepaid expenses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DisposalGroupOtherPrepaidExpenses" xml:lang="en-US">For the disposal group, carrying amount of expenditures made, not otherwise specified in the taxonomy, in advance of the timing of recognition of expenses which are expenses to be charged against earnings.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DisposalGroupOtherPrepaidExpenses" xml:lang="en-US">Other prepaid expenses</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_DisposalGroupOtherPrepaidExpenses" xlink:to="lab_7266800334M41J82H72K_ocn_DisposalGroupOtherPrepaidExpenses"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DisposalGroupMatchFundedLiabilities" xlink:label="loc_HF4325JKIF32_ocn_DisposalGroupMatchFundedLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupMatchFundedLiabilities" xml:lang="en-US">Disposal Group Match Funded Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupMatchFundedLiabilities" xml:lang="en-US">Match funded liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupMatchFundedLiabilities" xml:lang="en-US">Match funded liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DisposalGroupMatchFundedLiabilities" xml:lang="en-US">For the disposal group, carrying value of the liabilities associated with financial assets accounted for as secured borrowings recognized in the transferor's statement of financial position.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DisposalGroupMatchFundedLiabilities" xlink:to="lab_JH6547LMKH54_ocn_DisposalGroupMatchFundedLiabilities"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DisposalGroupAccruedLiabilities" xlink:label="loc_5044688112K29H60F50I_ocn_DisposalGroupAccruedLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DisposalGroupAccruedLiabilities" xml:lang="en-US">Disposal Group Accrued Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DisposalGroupAccruedLiabilities" xml:lang="en-US">Accrued interest payable and other accrued expenses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DisposalGroupAccruedLiabilities" xml:lang="en-US">For the disposal group, carrying value of obligations incurred and payable pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include interest, rent, salaries, and utilities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_DisposalGroupAccruedLiabilities" xlink:to="lab_7266800334M41J82H72K_ocn_DisposalGroupAccruedLiabilities"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PurchasePriceAsAdjusted" xlink:label="loc_HF4325JKIF32_ocn_PurchasePriceAsAdjusted"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_PurchasePriceAsAdjusted" xml:lang="en-US">Purchase Price As Adjusted</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_PurchasePriceAsAdjusted" xml:lang="en-US">Purchase price, as adjusted</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_PurchasePriceAsAdjusted" xml:lang="en-US">Purchase price, as adjusted</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_ocn_PurchasePriceAsAdjusted" xml:lang="en-US">Sales price, as adjusted</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_PurchasePriceAsAdjusted" xml:lang="en-US">The total sale price of assets sold, net of the related assets assumed by the purchaser, including any post-closing adjustments to the price of assets sold or the carrying amount of liabilities assumed.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_PurchasePriceAsAdjusted" xlink:to="lab_JH6547LMKH54_ocn_PurchasePriceAsAdjusted"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments" xlink:label="loc_5044688112K29H60F50I_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments" xml:lang="en-US">Asset Sale Due To Purchaser For Purchase Price Adjustments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments" xml:lang="en-US">The amount due to the purchaser in an asset sale as the result of a post-closing adjustment to the sale price.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments" xml:lang="en-US">Amount due to HLSS for post-closing adjustments at June 30</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments" xlink:to="lab_7266800334M41J82H72K_ocn_AssetSaleDueToPurchaserForPurchasePriceAdjustments"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSalesOfAssetsInvestingActivities" xlink:label="loc_HF4325JKIF32_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities" xml:lang="en-US">Proceeds From Sales Of Assets, Investing Activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities" xml:lang="en-US">Proceeds from Sales of Assets, Investing Activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities" xml:lang="en-US">Proceeds from Sales of Assets, Investing Activities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities" xml:lang="en-US">Cash received</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities" xlink:to="lab_JH6547LMKH54_us-gaap_ProceedsFromSalesOfAssetsInvestingActivities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="loc_5044688112K29H60F50I_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xml:lang="en-US">Schedule Of Business Acquisitions, By Acquisition [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:to="lab_7266800334M41J82H72K_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ResidentialCapitalLlcMember" xlink:label="loc_HF4325JKIF32_ocn_ResidentialCapitalLlcMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ResidentialCapitalLlcMember" xml:lang="en-US">Residential Capital Llc [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ResidentialCapitalLlcMember" xml:lang="en-US">ResCap Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ResidentialCapitalLlcMember" xml:lang="en-US">This element represents name and other information of an entity.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ResidentialCapitalLlcMember" xlink:to="lab_JH6547LMKH54_ocn_ResidentialCapitalLlcMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_HomewardResidentialHoldingsIncMember" xlink:label="loc_5044688112K29H60F50I_ocn_HomewardResidentialHoldingsIncMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardResidentialHoldingsIncMember" xml:lang="en-US">Homeward Residential Holdings Inc [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardResidentialHoldingsIncMember" xml:lang="en-US">Homeward Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardResidentialHoldingsIncMember" xml:lang="en-US">This element represents name and other information of an entity.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_HomewardResidentialHoldingsIncMember" xlink:to="lab_7266800334M41J82H72K_ocn_HomewardResidentialHoldingsIncMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="loc_HF4325JKIF32_us-gaap_StatementScenarioAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_StatementScenarioAxis" xml:lang="en-US">Scenario [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_StatementScenarioAxis" xlink:to="lab_JH6547LMKH54_us-gaap_StatementScenarioAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="loc_5044688112K29H60F50I_us-gaap_ScenarioUnspecifiedDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScenarioUnspecifiedDomain" xml:lang="en-US">Scenario, Unspecified [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ScenarioUnspecifiedDomain" xlink:to="lab_7266800334M41J82H72K_us-gaap_ScenarioUnspecifiedDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScenarioPreviouslyReportedMember" xlink:label="loc_HF4325JKIF32_us-gaap_ScenarioPreviouslyReportedMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScenarioPreviouslyReportedMember" xml:lang="en-US">Scenario, Previously Reported [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScenarioPreviouslyReportedMember" xml:lang="en-US">Initial Estimate</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScenarioPreviouslyReportedMember" xlink:to="lab_JH6547LMKH54_us-gaap_ScenarioPreviouslyReportedMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScenarioAdjustmentMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_ScenarioAdjustmentMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScenarioAdjustmentMember" xml:lang="en-US">Scenario, Adjustment [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ScenarioAdjustmentMember" xml:lang="en-US">Adjustments</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ScenarioAdjustmentMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_ScenarioAdjustmentMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionLineItems" xml:lang="en-US">Business Acquisition [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionLineItems" xml:lang="en-US">Business Acquisition [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionLineItems" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionLineItems"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsCashAndCashEquivalents" xlink:label="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsCashAndCashEquivalents"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsCashAndCashEquivalents" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Current Assets, Cash and Cash Equivalents</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsCashAndCashEquivalents" xml:lang="en-US">Cash</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsCashAndCashEquivalents" xml:lang="en-US">Cash</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsCashAndCashEquivalents" xml:lang="en-US">Cash acquired</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsCashAndCashEquivalents" xlink:to="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsCashAndCashEquivalents"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsAssetHeldForSale" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsAssetHeldForSale"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsAssetHeldForSale" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Current Assets, Asset Held-for-sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsAssetHeldForSale" xml:lang="en-US">Loans held for sale</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsAssetHeldForSale" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsAssetHeldForSale"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights" xlink:label="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights" xml:lang="en-US">Business Acquisition Purchase Price Allocation Mortgage Servicing Rights</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights" xml:lang="en-US">Mortgage servicing rights</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights" xml:lang="en-US">Mortgage servicing rights</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to mortgage servicing rights.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights" xlink:to="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageServicingRights"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances" xlink:label="loc_HF4325JKIF32_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances" xml:lang="en-US">Business Acquisition Purchase Price Allocation Advances and Match Funded Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances" xml:lang="en-US">Advances and match funded advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to advances and match funded advances.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances" xlink:to="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndMatchFundedAdvances"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationDeferredTaxAssetsNoncurrent" xlink:label="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionPurchasePriceAllocationDeferredTaxAssetsNoncurrent"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationDeferredTaxAssetsNoncurrent" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Deferred Tax Assets, Noncurrent</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationDeferredTaxAssetsNoncurrent" xml:lang="en-US">Deferred tax assets</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionPurchasePriceAllocationDeferredTaxAssetsNoncurrent" xlink:to="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationDeferredTaxAssetsNoncurrent"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment" xml:lang="en-US">Premises and equipment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment" xml:lang="en-US">Premises and equipment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment" xml:lang="en-US">Amount of warehouse facilities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndDebtServiceAccount" xlink:label="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndDebtServiceAccount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndDebtServiceAccount" xml:lang="en-US">Business Acquisition Purchase Price Allocation Advances and Debt Service Account</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndDebtServiceAccount" xml:lang="en-US">Debt service accounts</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndDebtServiceAccount" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to debt service account.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndDebtServiceAccount" xlink:to="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAndDebtServiceAccount"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationInvestmentInUnconsolidatedEntities" xlink:label="loc_HF4325JKIF32_ocn_BusinessAcquisitionPurchasePriceAllocationInvestmentInUnconsolidatedEntities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationInvestmentInUnconsolidatedEntities" xml:lang="en-US">Business Acquisition Purchase Price Allocation Investment In Unconsolidated Entities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationInvestmentInUnconsolidatedEntities" xml:lang="en-US">Investment in unconsolidated entities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationInvestmentInUnconsolidatedEntities" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to investment in unconsolidated entities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_BusinessAcquisitionPurchasePriceAllocationInvestmentInUnconsolidatedEntities" xlink:to="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationInvestmentInUnconsolidatedEntities"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets" xlink:label="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets" xml:lang="en-US">Business Acquisition Purchase Price Allocation Current Assets Receivables and Other Assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets" xml:lang="en-US">Assets sold consisted of receivables and other assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets" xml:lang="en-US">Receivables and other assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to receivables and other assets.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets" xlink:to="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivablesAndOtherAssets"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationMatchFundedLiabilities" xlink:label="loc_HF4325JKIF32_ocn_BusinessAcquisitionPurchasePriceAllocationMatchFundedLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationMatchFundedLiabilities" xml:lang="en-US">Business Acquisition Purchase Price Allocation Match Funded Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationMatchFundedLiabilities" xml:lang="en-US">Match funded liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationMatchFundedLiabilities" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to match funded liabilities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_BusinessAcquisitionPurchasePriceAllocationMatchFundedLiabilities" xlink:to="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationMatchFundedLiabilities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationNotesPayableAndLongTermDebt" xlink:label="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionPurchasePriceAllocationNotesPayableAndLongTermDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationNotesPayableAndLongTermDebt" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Notes Payable and Long-Term Debt</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationNotesPayableAndLongTermDebt" xml:lang="en-US">Other borrowings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationNotesPayableAndLongTermDebt" xml:lang="en-US">Other borrowings</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionPurchasePriceAllocationNotesPayableAndLongTermDebt" xlink:to="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationNotesPayableAndLongTermDebt"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccruedLiabilities" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccruedLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccruedLiabilities" xml:lang="en-US">Accrued Expenses Related To Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccruedLiabilities" xml:lang="en-US">Accrued bonuses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccruedLiabilities" xml:lang="en-US">Accrued expenses and other liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccruedLiabilities" xml:lang="en-US">Accrued bonuses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccruedLiabilities" xml:lang="en-US">Accrued expenses</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccruedLiabilities" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccruedLiabilities"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionChecksHeldForEscheat" xlink:label="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionChecksHeldForEscheat"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionChecksHeldForEscheat" xml:lang="en-US">Business Acquisition Checks Held For Escheat</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionChecksHeldForEscheat" xml:lang="en-US">Checks held for escheat</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionChecksHeldForEscheat" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to checks held for escheat.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionChecksHeldForEscheat" xml:lang="en-US">Checks held for escheat</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionChecksHeldForEscheat" xlink:to="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionChecksHeldForEscheat"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationOtherLiabilities" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationOtherLiabilities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationOtherLiabilities" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Other Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationOtherLiabilities" xml:lang="en-US">Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationOtherLiabilities" xml:lang="en-US">Servicing liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationOtherLiabilities" xml:lang="en-US">Other</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationOtherLiabilities" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationOtherLiabilities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xlink:label="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Assets Acquired (Liabilities Assumed), Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xml:lang="en-US">Total identifiable net assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xml:lang="en-US">Total identifiable net assets</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xlink:to="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Goodwill Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xml:lang="en-US">Goodwill</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Goodwill Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xml:lang="en-US">Amount of recognized goodwill</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveTerseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xml:lang="en-US">Recognized goodwill</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillAmount"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessCombinationConsiderationTransferred" xlink:label="loc_5044688112K29H60F50I_us-gaap_BusinessCombinationConsiderationTransferred"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessCombinationConsiderationTransferred" xml:lang="en-US">Business Combination, Consideration Transferred</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessCombinationConsiderationTransferred" xml:lang="en-US">Total consideration</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessCombinationConsiderationTransferred" xml:lang="en-US">Total consideration</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BusinessCombinationConsiderationTransferred" xlink:to="lab_7266800334M41J82H72K_us-gaap_BusinessCombinationConsiderationTransferred"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionsProFormaRevenue" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionsProFormaRevenue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionsProFormaRevenue" xml:lang="en-US">Business Acquisition, Pro Forma Revenue</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionsProFormaRevenue" xml:lang="en-US">Revenues</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionsProFormaRevenue" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionsProFormaRevenue"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss" xlink:label="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss" xml:lang="en-US">Business Acquisition, Pro Forma Net Income (Loss)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss" xml:lang="en-US">Net income (loss)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss" xml:lang="en-US">Net income</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss" xlink:to="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTable" xlink:label="loc_HF4325JKIF32_us-gaap_FairValueByBalanceSheetGroupingTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueByBalanceSheetGroupingTable" xml:lang="en-US">Fair Value, By Balance Sheet Grouping [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueByBalanceSheetGroupingTable" xml:lang="en-US">Fair Value Of Financial Instrument [Table]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FairValueByBalanceSheetGroupingTable" xlink:to="lab_JH6547LMKH54_us-gaap_FairValueByBalanceSheetGroupingTable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_FairValueByMeasurementBasisAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueByMeasurementBasisAxis" xml:lang="en-US">Measurement Basis [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueByMeasurementBasisAxis" xml:lang="en-US">Carrying And Fair Values Of Financial Instruments [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueByMeasurementBasisAxis" xml:lang="en-US">Carrying And Fair Values Of Financial Instruments [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FairValueByMeasurementBasisAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_FairValueByMeasurementBasisAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="loc_HF4325JKIF32_us-gaap_FairValueDisclosureItemAmountsDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueDisclosureItemAmountsDomain" xml:lang="en-US">Fair Value, Disclosure Item Amounts [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueDisclosureItemAmountsDomain" xml:lang="en-US">CarryingAndFairValuesOfFinancialInstruments [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FairValueDisclosureItemAmountsDomain" xlink:to="lab_JH6547LMKH54_us-gaap_FairValueDisclosureItemAmountsDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_CarryingReportedAmountFairValueDisclosureMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_CarryingReportedAmountFairValueDisclosureMember" xml:lang="en-US">Carrying (Reported) Amount, Fair Value Disclosure [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_CarryingReportedAmountFairValueDisclosureMember" xml:lang="en-US">Carrying Value</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_CarryingReportedAmountFairValueDisclosureMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="loc_HF4325JKIF32_us-gaap_PortionAtFairValueFairValueDisclosureMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PortionAtFairValueFairValueDisclosureMember" xml:lang="en-US">Portion At Fair Value, Fair Value Disclosure [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PortionAtFairValueFairValueDisclosureMember" xml:lang="en-US">Fair Value</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:to="lab_JH6547LMKH54_us-gaap_PortionAtFairValueFairValueDisclosureMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_FinancialInstrumentAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FinancialInstrumentAxis" xml:lang="en-US">Financial Instrument [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FinancialInstrumentAxis" xml:lang="en-US">Financial Instrument [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FinancialInstrumentAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_FinancialInstrumentAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_HF4325JKIF32_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xml:lang="en-US">Types of Financial Instruments [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xml:lang="en-US">Types of Financial Instruments [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:to="lab_JH6547LMKH54_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestRateLockCommitmentsMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_InterestRateLockCommitmentsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestRateLockCommitmentsMember" xml:lang="en-US">Interest Rate Lock Commitments [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestRateLockCommitmentsMember" xml:lang="en-US">Interest Rate Lock Commitments (IRLCs)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_InterestRateLockCommitmentsMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_InterestRateLockCommitmentsMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="loc_HF4325JKIF32_us-gaap_InterestRateSwapMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_InterestRateSwapMember" xml:lang="en-US">Interest Rate Swap [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_InterestRateSwapMember" xml:lang="en-US">Interest rate swaps</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_InterestRateSwapMember" xlink:to="lab_JH6547LMKH54_us-gaap_InterestRateSwapMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ForwardMortgageBackedSecuritiesTradesMember" xlink:label="loc_5044688112K29H60F50I_ocn_ForwardMortgageBackedSecuritiesTradesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ForwardMortgageBackedSecuritiesTradesMember" xml:lang="en-US">Forward Mortgage Backed Securities Trades [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ForwardMortgageBackedSecuritiesTradesMember" xml:lang="en-US">Forward MBS trades</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ForwardMortgageBackedSecuritiesTradesMember" xml:lang="en-US">Represents a forward mortgage backed securities trades.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ForwardMortgageBackedSecuritiesTradesMember" xlink:to="lab_7266800334M41J82H72K_ocn_ForwardMortgageBackedSecuritiesTradesMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_USTreasuryFuturesMember" xlink:label="loc_HF4325JKIF32_ocn_USTreasuryFuturesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_USTreasuryFuturesMember" xml:lang="en-US">U S Treasury Futures [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_USTreasuryFuturesMember" xml:lang="en-US">U.S. Treasury futures</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_USTreasuryFuturesMember" xml:lang="en-US">Represents a U.S. Treasury futures.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_USTreasuryFuturesMember" xlink:to="lab_JH6547LMKH54_ocn_USTreasuryFuturesMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestRateCapMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_InterestRateCapMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestRateCapMember" xml:lang="en-US">Interest Rate Cap [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestRateCapMember" xml:lang="en-US">Interest rate caps</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_InterestRateCapMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_InterestRateCapMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MortgageServicingRightsMember" xlink:label="loc_HF4325JKIF32_ocn_MortgageServicingRightsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MortgageServicingRightsMember" xml:lang="en-US">Mortgage Servicing Rights [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_MortgageServicingRightsMember" xml:lang="en-US">MSRs at Fair Value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MortgageServicingRightsMember" xml:lang="en-US">MSRs acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_JH6547LMKH54_ocn_MortgageServicingRightsMember" xml:lang="en-US">Financing liability - MSRs pledged</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/zeroLabel" xlink:label="lab_JH6547LMKH54_ocn_MortgageServicingRightsMember" xml:lang="en-US">Master servicing rights</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MortgageServicingRightsMember" xml:lang="en-US">Represents a contractual agreement where the right, or rights, to service an existing mortgage are sold by the original lender to another party who specializes in the various functions of servicing mortgages.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MortgageServicingRightsMember" xlink:to="lab_JH6547LMKH54_ocn_MortgageServicingRightsMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:label="loc_5044688112K29H60F50I_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xml:lang="en-US">Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xml:lang="en-US">Fair Value Of Financial Instrument [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:to="lab_7266800334M41J82H72K_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FinancialAssetsAbstract" xlink:label="loc_HF4325JKIF32_ocn_FinancialAssetsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_FinancialAssetsAbstract" xml:lang="en-US">Financial Assets [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_FinancialAssetsAbstract" xml:lang="en-US">Financial assets:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_FinancialAssetsAbstract" xml:lang="en-US">Financial assets:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_FinancialAssetsAbstract" xlink:to="lab_JH6547LMKH54_ocn_FinancialAssetsAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure" xlink:label="loc_5044688112K29H60F50I_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure" xml:lang="en-US">Loans Held For Sale At Lower Cost Fair Value Disclosure</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure" xml:lang="en-US">Loans held for sale, at lower of cost or fair value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure" xml:lang="en-US">This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents loans held-for-sale at lower cost of fair value as presented on the statement of financial position which may include mortgage loans held-for-sale, finance receivables held-for-sale, or any other loans classified as held-for-sale which are due the Company as of the balance sheet date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure" xlink:to="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtLowerCostFairValueDisclosure"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoansRestrictedForSecuritizationInvestorsFairValueDisclosure" xlink:label="loc_HF4325JKIF32_ocn_LoansRestrictedForSecuritizationInvestorsFairValueDisclosure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_LoansRestrictedForSecuritizationInvestorsFairValueDisclosure" xml:lang="en-US">Loans - restricted for securitization investors, at fair value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_LoansRestrictedForSecuritizationInvestorsFairValueDisclosure" xml:lang="en-US">Loans - restricted for securitization investors, at fair value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_LoansRestrictedForSecuritizationInvestorsFairValueDisclosure" xml:lang="en-US">Represents amount of fair value of loans restricted for securitization investors.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_LoansRestrictedForSecuritizationInvestorsFairValueDisclosure" xlink:to="lab_JH6547LMKH54_ocn_LoansRestrictedForSecuritizationInvestorsFairValueDisclosure"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure" xlink:label="loc_5044688112K29H60F50I_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure" xml:lang="en-US">Advances and Match Funded Advances Fair Value Disclosure</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure" xml:lang="en-US">Advances and match funded advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure" xml:lang="en-US">This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents advances and match funded advances.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure" xlink:to="lab_7266800334M41J82H72K_ocn_AdvancesAndMatchFundedAdvancesFairValueDisclosure"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ReceivablesFairValueDisclosure" xlink:label="loc_HF4325JKIF32_us-gaap_ReceivablesFairValueDisclosure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ReceivablesFairValueDisclosure" xml:lang="en-US">Receivables, Net (2)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ReceivablesFairValueDisclosure" xml:lang="en-US">Receivables, net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ReceivablesFairValueDisclosure" xlink:to="lab_JH6547LMKH54_us-gaap_ReceivablesFairValueDisclosure"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FinancialLiabilitiesAbstract" xlink:label="loc_5044688112K29H60F50I_ocn_FinancialLiabilitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_FinancialLiabilitiesAbstract" xml:lang="en-US">Financial Liabilities [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_FinancialLiabilitiesAbstract" xml:lang="en-US">Financial liabilities:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_FinancialLiabilitiesAbstract" xml:lang="en-US">Financial liabilities:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_FinancialLiabilitiesAbstract" xlink:to="lab_7266800334M41J82H72K_ocn_FinancialLiabilitiesAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_SecuredBorrowingsFairValueDisclosure" xlink:label="loc_HF4325JKIF32_ocn_SecuredBorrowingsFairValueDisclosure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_SecuredBorrowingsFairValueDisclosure" xml:lang="en-US">Secured Borrowings Fair Value Disclosure</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_SecuredBorrowingsFairValueDisclosure" xml:lang="en-US">Secured borrowings - owed to securitization investors, at fair value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_SecuredBorrowingsFairValueDisclosure" xml:lang="en-US">Represents fair value of secured borrowings owed to securitization investors.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_SecuredBorrowingsFairValueDisclosure" xlink:to="lab_JH6547LMKH54_ocn_SecuredBorrowingsFairValueDisclosure"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherLiabilitiesFairValueDisclosure" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherLiabilitiesFairValueDisclosure"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherLiabilitiesFairValueDisclosure" xml:lang="en-US">Other Liabilities, Fair Value Disclosure</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherLiabilitiesFairValueDisclosure" xml:lang="en-US">Other borrowings</label>
<label xlink:type="resource" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherLiabilitiesFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Other</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OtherLiabilitiesFairValueDisclosure" xlink:to="lab_7266800334M41J82H72K_us-gaap_OtherLiabilitiesFairValueDisclosure"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OtherBorrowingsIncludingSecuredBorrowings" xlink:label="loc_HF4325JKIF32_ocn_OtherBorrowingsIncludingSecuredBorrowings"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_OtherBorrowingsIncludingSecuredBorrowings" xml:lang="en-US">Other Borrowings Including Secured Borrowings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_OtherBorrowingsIncludingSecuredBorrowings" xml:lang="en-US">Total Other borrowings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_OtherBorrowingsIncludingSecuredBorrowings" xml:lang="en-US">Represents amount of other borrowings including secured borrowings.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_OtherBorrowingsIncludingSecuredBorrowings" xlink:to="lab_JH6547LMKH54_ocn_OtherBorrowingsIncludingSecuredBorrowings"/>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MortgageServicingRights" xlink:label="loc_HF4325JKIF32_ocn_MortgageServicingRights"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MortgageServicingRights" xml:lang="en-US">Mortgage Servicing Rights</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MortgageServicingRights" xml:lang="en-US">Mortgage servicing rights</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MortgageServicingRights" xml:lang="en-US">This element represents amount of mortgage servicing rights carried at fair value.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MortgageServicingRights" xlink:to="lab_JH6547LMKH54_ocn_MortgageServicingRights"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FairValueOfFinancialInstrumentTable" xlink:label="loc_5044688112K29H60F50I_ocn_FairValueOfFinancialInstrumentTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueOfFinancialInstrumentTable" xml:lang="en-US">Fair Value Of Financial Instrument [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueOfFinancialInstrumentTable" xml:lang="en-US">Fair Value Of Financial Instrument [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueOfFinancialInstrumentTable" xml:lang="en-US">Detailed elements containing information related to financial instruments.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_FairValueOfFinancialInstrumentTable" xlink:to="lab_7266800334M41J82H72K_ocn_FairValueOfFinancialInstrumentTable"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoansRestrictedForSecuritizationInvestorsMember" xlink:label="loc_HF4325JKIF32_ocn_LoansRestrictedForSecuritizationInvestorsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_LoansRestrictedForSecuritizationInvestorsMember" xml:lang="en-US">Loans Restricted For Securitization Investors [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_LoansRestrictedForSecuritizationInvestorsMember" xml:lang="en-US">Loans - restricted for securitization investors</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_LoansRestrictedForSecuritizationInvestorsMember" xml:lang="en-US">Represents loans are not traded in an active, open market with readily observable prices.</label>
<label xlink:type="resource" xlink:label="lab_JH6547LMKH54_ocn_LoansRestrictedForSecuritizationInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Loans - Restricted for Securitization Investors</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_LoansRestrictedForSecuritizationInvestorsMember" xlink:to="lab_JH6547LMKH54_ocn_LoansRestrictedForSecuritizationInvestorsMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_SecuredBorrowingsOwedToSecuritizationInvestorsMember" xlink:label="loc_5044688112K29H60F50I_ocn_SecuredBorrowingsOwedToSecuritizationInvestorsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_SecuredBorrowingsOwedToSecuritizationInvestorsMember" xml:lang="en-US">Secured Borrowings Owed To Securitization Investors [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_SecuredBorrowingsOwedToSecuritizationInvestorsMember" xml:lang="en-US">Secured borrowings owed to securitization investors</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_SecuredBorrowingsOwedToSecuritizationInvestorsMember" xml:lang="en-US">Represents Secured borrowings owed to securitization investors related to loans held for investment.</label>
<label xlink:type="resource" xlink:label="lab_7266800334M41J82H72K_ocn_SecuredBorrowingsOwedToSecuritizationInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Secured borrowings - owed to securitization investors</label>
<label xlink:type="resource" xlink:label="lab_7266800334M41J82H72K_ocn_SecuredBorrowingsOwedToSecuritizationInvestorsMember" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xml:lang="en-US">Secured Borrowings - Owed to Securitization Investors</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_SecuredBorrowingsOwedToSecuritizationInvestorsMember" xlink:to="lab_7266800334M41J82H72K_ocn_SecuredBorrowingsOwedToSecuritizationInvestorsMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeFinancialInstrumentsAssetsMember" xlink:label="loc_HF4325JKIF32_us-gaap_DerivativeFinancialInstrumentsAssetsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeFinancialInstrumentsAssetsMember" xml:lang="en-US">Derivative Financial Instruments, Assets [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeFinancialInstrumentsAssetsMember" xml:lang="en-US">Derivative Financial Instruments, Assets</label>
<label xlink:type="resource" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeFinancialInstrumentsAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Derivative Financial Instruments</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DerivativeFinancialInstrumentsAssetsMember" xlink:to="lab_JH6547LMKH54_us-gaap_DerivativeFinancialInstrumentsAssetsMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FairValueOfFinancialInstrumentLineItems" xlink:label="loc_5044688112K29H60F50I_ocn_FairValueOfFinancialInstrumentLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueOfFinancialInstrumentLineItems" xml:lang="en-US">Fair Value Of Financial Instrument [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueOfFinancialInstrumentLineItems" xml:lang="en-US">Fair Value Of Financial Instrument [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueOfFinancialInstrumentLineItems" xml:lang="en-US">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_FairValueOfFinancialInstrumentLineItems" xlink:to="lab_7266800334M41J82H72K_ocn_FairValueOfFinancialInstrumentLineItems"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="loc_HF4325JKIF32_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xml:lang="en-US">Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset Value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xml:lang="en-US">Beginning balance</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xml:lang="en-US">Beginning balance</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xml:lang="en-US">Ending balance</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:to="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlementsAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlementsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlementsAbstract" xml:lang="en-US">Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, Sales, Issues, Settlements [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlementsAbstract" xml:lang="en-US">Purchases, issuances, sales and settlements:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlementsAbstract" xml:lang="en-US">Purchases, issuances, sales and settlements:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlementsAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlementsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:label="loc_HF4325JKIF32_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xml:lang="en-US">Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xml:lang="en-US">Purchases</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:to="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xlink:label="loc_5044688112K29H60F50I_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xml:lang="en-US">Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Issues</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xml:lang="en-US">Issuances</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xlink:to="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:label="loc_HF4325JKIF32_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xml:lang="en-US">Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xml:lang="en-US">Sales</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xml:lang="en-US">Sales</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:to="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:label="loc_5044688112K29H60F50I_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xml:lang="en-US">Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xml:lang="en-US">Settlements</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xml:lang="en-US">Settlements</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:to="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements" xlink:label="loc_HF4325JKIF32_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements" xml:lang="en-US">Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, Sales, Issues, Settlements</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements" xml:lang="en-US"></label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements" xml:lang="en-US">Total</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements" xlink:to="lab_JH6547LMKH54_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_TotalRealizedAndUnrealizedGainsAndLosses1Abstract" xlink:label="loc_5044688112K29H60F50I_ocn_TotalRealizedAndUnrealizedGainsAndLosses1Abstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_TotalRealizedAndUnrealizedGainsAndLosses1Abstract" xml:lang="en-US">Total Realized and Unrealized Gains and (Losses) (1) [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_TotalRealizedAndUnrealizedGainsAndLosses1Abstract" xml:lang="en-US">Total realized and unrealized gains and (losses)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_TotalRealizedAndUnrealizedGainsAndLosses1Abstract" xml:lang="en-US">Total realized and unrealized gains and (losses) (1):</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_TotalRealizedAndUnrealizedGainsAndLosses1Abstract" xml:lang="en-US">Amount of gain (loss) recognized in other comprehensive income, arising from assets measured at fair value on a recurring basis using unobservable inputs (level 3).</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_TotalRealizedAndUnrealizedGainsAndLosses1Abstract" xlink:to="lab_7266800334M41J82H72K_ocn_TotalRealizedAndUnrealizedGainsAndLosses1Abstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xlink:label="loc_HF4325JKIF32_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xml:lang="en-US">Fair Value, Assets Measured On Recurring Basis, Gain (Loss) Included In Other Income</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xml:lang="en-US">Included in Other, net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome" xlink:to="lab_JH6547LMKH54_us-gaap_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherIncome"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="loc_5044688112K29H60F50I_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xml:lang="en-US">Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Other Comprehensive Income (Loss)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xml:lang="en-US">Included in Other comprehensive income (loss)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xml:lang="en-US">Included in Other comprehensive income (loss)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:to="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAndOtherComprehensiveIncomeLoss" xlink:label="loc_HF4325JKIF32_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAndOtherComprehensiveIncomeLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAndOtherComprehensiveIncomeLoss" xml:lang="en-US">Fair Value Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included In Earnings and Other Comprehensive Income (Loss)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAndOtherComprehensiveIncomeLoss" xml:lang="en-US"></label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAndOtherComprehensiveIncomeLoss" xml:lang="en-US">Total</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAndOtherComprehensiveIncomeLoss" xml:lang="en-US">Amount of gain (loss) recognized arising from assets measured at fair value on a recurring basis using unobservable inputs (level 3).</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAndOtherComprehensiveIncomeLoss" xlink:to="lab_JH6547LMKH54_ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAndOtherComprehensiveIncomeLoss"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:label="loc_5044688112K29H60F50I_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xml:lang="en-US">Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xml:lang="en-US">Transfers in and / or out of Level 3</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:to="lab_7266800334M41J82H72K_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MovementInLoansHeldForSaleAtFairValueRollForward" xlink:label="loc_HF4325JKIF32_ocn_MovementInLoansHeldForSaleAtFairValueRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MovementInLoansHeldForSaleAtFairValueRollForward" xml:lang="en-US">Movement In Loans Held For Sale At Fair Value [Roll Forward]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MovementInLoansHeldForSaleAtFairValueRollForward" xml:lang="en-US">Movement In Loans Held For Sale At Fair Value [Roll Forward]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MovementInLoansHeldForSaleAtFairValueRollForward" xml:lang="en-US">A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MovementInLoansHeldForSaleAtFairValueRollForward" xlink:to="lab_JH6547LMKH54_ocn_MovementInLoansHeldForSaleAtFairValueRollForward"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale" xlink:label="loc_5044688112K29H60F50I_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale" xml:lang="en-US">Payments For Origination Of Mortgage Loans Held-For-Sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale" xml:lang="en-US">Originations and purchase</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale" xlink:to="lab_7266800334M41J82H72K_us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale" xlink:label="loc_HF4325JKIF32_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale" xml:lang="en-US">Proceeds From Sale Of Mortgage Loans Held-For-Sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale" xml:lang="en-US">Proceeds from sale</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale" xlink:to="lab_JH6547LMKH54_us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainLossOnSaleOfMortgageLoans" xlink:label="loc_5044688112K29H60F50I_us-gaap_GainLossOnSaleOfMortgageLoans"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_GainLossOnSaleOfMortgageLoans" xml:lang="en-US">Gain (Loss) On Sale Of Mortgage Loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_GainLossOnSaleOfMortgageLoans" xml:lang="en-US">Loss on sale of loans</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_GainLossOnSaleOfMortgageLoans" xlink:to="lab_7266800334M41J82H72K_us-gaap_GainLossOnSaleOfMortgageLoans"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_IncreaseDecreaseInFairValueOfMortgageLoansHeldForSale" xlink:label="loc_HF4325JKIF32_ocn_IncreaseDecreaseInFairValueOfMortgageLoansHeldForSale"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_IncreaseDecreaseInFairValueOfMortgageLoansHeldForSale" xml:lang="en-US">Increase Decrease In Fair Value Of Mortgage Loans Held For Sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_IncreaseDecreaseInFairValueOfMortgageLoansHeldForSale" xml:lang="en-US">Change in fair value of loans held for sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_IncreaseDecreaseInFairValueOfMortgageLoansHeldForSale" xml:lang="en-US">Decrease in fair value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_IncreaseDecreaseInFairValueOfMortgageLoansHeldForSale" xml:lang="en-US">The increase (decrease) during the reporting period in the fair value of mortgage loans that are held with the intention to sell or be securitized in the near future.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_IncreaseDecreaseInFairValueOfMortgageLoansHeldForSale" xlink:to="lab_JH6547LMKH54_ocn_IncreaseDecreaseInFairValueOfMortgageLoansHeldForSale"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OtherAdjustmentMortgageLoansHeldForSale" xlink:label="loc_5044688112K29H60F50I_ocn_OtherAdjustmentMortgageLoansHeldForSale"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_OtherAdjustmentMortgageLoansHeldForSale" xml:lang="en-US">Other Adjustment Mortgage Loans Held For Sale</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OtherAdjustmentMortgageLoansHeldForSale" xml:lang="en-US">Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_OtherAdjustmentMortgageLoansHeldForSale" xml:lang="en-US">Represents amount of addition or reductions in principal on mortgage loans held for sale other than foreclosures, costs of mortgages sold, and amortization of premium during the reporting period.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OtherAdjustmentMortgageLoansHeldForSale" xml:lang="en-US">Other</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_OtherAdjustmentMortgageLoansHeldForSale" xlink:to="lab_7266800334M41J82H72K_ocn_OtherAdjustmentMortgageLoansHeldForSale"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoansHeldForSaleAtFairValueTable" xlink:label="loc_HF4325JKIF32_ocn_LoansHeldForSaleAtFairValueTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_LoansHeldForSaleAtFairValueTable" xml:lang="en-US">Loans Held For Sale At Fair Value [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_LoansHeldForSaleAtFairValueTable" xml:lang="en-US">Loans Held For Sale At Fair Value [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_LoansHeldForSaleAtFairValueTable" xml:lang="en-US">Represents the information related to loans held for sale at fair value.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_LoansHeldForSaleAtFairValueTable" xlink:to="lab_JH6547LMKH54_ocn_LoansHeldForSaleAtFairValueTable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeByNatureAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_DerivativeByNatureAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeByNatureAxis" xml:lang="en-US">Derivative, By Nature [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeByNatureAxis" xml:lang="en-US">Derivative, by Nature [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DerivativeByNatureAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_DerivativeByNatureAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="loc_HF4325JKIF32_us-gaap_DerivativeNameDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeNameDomain" xml:lang="en-US">Derivative, Name [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeNameDomain" xml:lang="en-US">Derivative, Name [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DerivativeNameDomain" xlink:to="lab_JH6547LMKH54_us-gaap_DerivativeNameDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoansHeldForSaleAtFairValueLineItems" xlink:label="loc_5044688112K29H60F50I_ocn_LoansHeldForSaleAtFairValueLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtFairValueLineItems" xml:lang="en-US">Loans Held For Sale At Fair Value [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtFairValueLineItems" xml:lang="en-US">Loans Held For Sale At Fair Value [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtFairValueLineItems" xml:lang="en-US">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_LoansHeldForSaleAtFairValueLineItems" xlink:to="lab_7266800334M41J82H72K_ocn_LoansHeldForSaleAtFairValueLineItems"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_GainLossOnInterestRateDerivativeInstruments" xlink:label="loc_HF4325JKIF32_ocn_GainLossOnInterestRateDerivativeInstruments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_GainLossOnInterestRateDerivativeInstruments" xml:lang="en-US">Gain Loss On Interest Rate Derivative Instruments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_GainLossOnInterestRateDerivativeInstruments" xml:lang="en-US">Changes in fair value of IRLCs</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_GainLossOnInterestRateDerivativeInstruments" xml:lang="en-US">Gains / (Losses)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_GainLossOnInterestRateDerivativeInstruments" xml:lang="en-US">Represents the net increase or decrease in the fair value of the interest rate derivative or group of derivatives.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_GainLossOnInterestRateDerivativeInstruments" xlink:to="lab_JH6547LMKH54_ocn_GainLossOnInterestRateDerivativeInstruments"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_GainOnHedgeInstruments" xlink:label="loc_5044688112K29H60F50I_ocn_GainOnHedgeInstruments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_GainOnHedgeInstruments" xml:lang="en-US">Gain On Hedge Instruments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_GainOnHedgeInstruments" xml:lang="en-US">Gain on hedge instruments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_GainOnHedgeInstruments" xml:lang="en-US">The amount of gain recognized in income during the period on economic hedges not designated or qualifying as hedging instruments.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_GainOnHedgeInstruments" xlink:to="lab_7266800334M41J82H72K_ocn_GainOnHedgeInstruments"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ProvisionForRepresentationsAndWarranties" xlink:label="loc_HF4325JKIF32_ocn_ProvisionForRepresentationsAndWarranties"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ProvisionForRepresentationsAndWarranties" xml:lang="en-US">Provision For Representations and Warranties</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ProvisionForRepresentationsAndWarranties" xml:lang="en-US">Provision for representations and warranties</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ProvisionForRepresentationsAndWarranties" xml:lang="en-US">Represents the provision for representations and warranties during the period.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_ocn_ProvisionForRepresentationsAndWarranties" xml:lang="en-US">Provision for representations and warranties</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ProvisionForRepresentationsAndWarranties" xlink:to="lab_JH6547LMKH54_ocn_ProvisionForRepresentationsAndWarranties"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainsLossesOnSalesOfOtherRealEstate" xlink:label="loc_5044688112K29H60F50I_us-gaap_GainsLossesOnSalesOfOtherRealEstate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_GainsLossesOnSalesOfOtherRealEstate" xml:lang="en-US">Gains (Losses) On Sales Of Other Real Estate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_GainsLossesOnSalesOfOtherRealEstate" xml:lang="en-US">Other</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_GainsLossesOnSalesOfOtherRealEstate" xlink:to="lab_7266800334M41J82H72K_us-gaap_GainsLossesOnSalesOfOtherRealEstate"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainLossOnSalesOfLoansNet" xlink:label="loc_HF4325JKIF32_us-gaap_GainLossOnSalesOfLoansNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_GainLossOnSalesOfLoansNet" xml:lang="en-US">Gain (Loss) On Sales Of Loans, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GainLossOnSalesOfLoansNet" xml:lang="en-US">Gain on loans held for sale, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GainLossOnSalesOfLoansNet" xml:lang="en-US">Gain on loans held for sale, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GainLossOnSalesOfLoansNet" xml:lang="en-US">Loss on loans held for resale, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GainLossOnSalesOfLoansNet" xml:lang="en-US">Gain on loans held for sale, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GainLossOnSalesOfLoansNet" xml:lang="en-US">Loss on sales of loans</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_GainLossOnSalesOfLoansNet" xlink:to="lab_JH6547LMKH54_us-gaap_GainLossOnSalesOfLoansNet"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdvancesOnBehalfOfBorrowersAxis" xlink:label="loc_5044688112K29H60F50I_ocn_AdvancesOnBehalfOfBorrowersAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesOnBehalfOfBorrowersAxis" xml:lang="en-US">Advances On Behalf Of Borrowers [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesOnBehalfOfBorrowersAxis" xml:lang="en-US">Advances On Behalf Of Borrowers [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesOnBehalfOfBorrowersAxis" xml:lang="en-US">Advances On Behalf Of Borrowers [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesOnBehalfOfBorrowersAxis" xml:lang="en-US">Advance payments made on behalf of borrowers on foreclosed properties.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AdvancesOnBehalfOfBorrowersAxis" xlink:to="lab_7266800334M41J82H72K_ocn_AdvancesOnBehalfOfBorrowersAxis"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdvancesOnBehalfOfBorrowersDomain" xlink:label="loc_HF4325JKIF32_ocn_AdvancesOnBehalfOfBorrowersDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AdvancesOnBehalfOfBorrowersDomain" xml:lang="en-US">Advances On Behalf Of Borrowers [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AdvancesOnBehalfOfBorrowersDomain" xml:lang="en-US">Advances On Behalf Of Borrowers [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AdvancesOnBehalfOfBorrowersDomain" xml:lang="en-US">Advance payments made on behalf of borrowers on foreclosed properties.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AdvancesOnBehalfOfBorrowersDomain" xlink:to="lab_JH6547LMKH54_ocn_AdvancesOnBehalfOfBorrowersDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingMember" xlink:label="loc_5044688112K29H60F50I_ocn_ServicingMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingMember" xml:lang="en-US">Servicing [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingMember" xml:lang="en-US">Servicing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingMember" xml:lang="en-US">Loans serviced on behalf of others.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ServicingMember" xlink:to="lab_7266800334M41J82H72K_ocn_ServicingMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LendingMember" xlink:label="loc_HF4325JKIF32_ocn_LendingMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_LendingMember" xml:lang="en-US">Lending [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_LendingMember" xml:lang="en-US">Lending</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_LendingMember" xml:lang="en-US">The Lending segment is focused on originating and purchasing agency-conforming residential mortgage loans mainly through correspondent lending business.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_LendingMember" xlink:to="lab_JH6547LMKH54_ocn_LendingMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_CorporateItemsAndOtherMember" xlink:label="loc_5044688112K29H60F50I_ocn_CorporateItemsAndOtherMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_CorporateItemsAndOtherMember" xml:lang="en-US">Corporate Items and Other [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_CorporateItemsAndOtherMember" xml:lang="en-US">Corporate Items and Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_CorporateItemsAndOtherMember" xml:lang="en-US">Other items than loans serviced for others.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_CorporateItemsAndOtherMember" xlink:to="lab_7266800334M41J82H72K_ocn_CorporateItemsAndOtherMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_TotalMember" xlink:label="loc_HF4325JKIF32_ocn_TotalMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_TotalMember" xml:lang="en-US">Total [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_TotalMember" xml:lang="en-US">Total</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_TotalMember" xml:lang="en-US">Sum of several amounts added or considered together.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_TotalMember" xlink:to="lab_JH6547LMKH54_ocn_TotalMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAbstract" xlink:label="loc_5044688112K29H60F50I_ocn_ServicingAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAbstract" xml:lang="en-US">Servicing [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAbstract" xml:lang="en-US">Servicing:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAbstract" xml:lang="en-US">Servicing:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ServicingAbstract" xlink:to="lab_7266800334M41J82H72K_ocn_ServicingAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PrincipalAndInterestAdvances" xlink:label="loc_HF4325JKIF32_ocn_PrincipalAndInterestAdvances"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_PrincipalAndInterestAdvances" xml:lang="en-US">Principal and Interest Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_PrincipalAndInterestAdvances" xml:lang="en-US">Principal and interest</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_PrincipalAndInterestAdvances" xml:lang="en-US">Advance payments made by financial institutions on behalf of borrowers for principal and interest payments.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_PrincipalAndInterestAdvances" xlink:to="lab_JH6547LMKH54_ocn_PrincipalAndInterestAdvances"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_TaxesAndInsuranceAdvances" xlink:label="loc_5044688112K29H60F50I_ocn_TaxesAndInsuranceAdvances"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_TaxesAndInsuranceAdvances" xml:lang="en-US">Taxes and Insurance Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_TaxesAndInsuranceAdvances" xml:lang="en-US">Taxes and insurance</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_TaxesAndInsuranceAdvances" xml:lang="en-US">Advance payments made by financial institutions on behalf of borrowers for taxes and insurance.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_TaxesAndInsuranceAdvances" xlink:to="lab_7266800334M41J82H72K_ocn_TaxesAndInsuranceAdvances"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ForeclosureBankruptcyCostsAndOther" xlink:label="loc_HF4325JKIF32_ocn_ForeclosureBankruptcyCostsAndOther"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ForeclosureBankruptcyCostsAndOther" xml:lang="en-US">Foreclosure Bankruptcy Costs and Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ForeclosureBankruptcyCostsAndOther" xml:lang="en-US">Foreclosures, bankruptcy and other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ForeclosureBankruptcyCostsAndOther" xml:lang="en-US">Advance payments made by financial institutions on behalf of borrower for foreclosure and bankruptcy costs.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ForeclosureBankruptcyCostsAndOther" xlink:to="lab_JH6547LMKH54_ocn_ForeclosureBankruptcyCostsAndOther"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdvancesPaymentsOnBehalfOfByBorrower" xlink:label="loc_5044688112K29H60F50I_ocn_AdvancesPaymentsOnBehalfOfByBorrower"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesPaymentsOnBehalfOfByBorrower" xml:lang="en-US">Advances Payments On Behalf Of By Borrower</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesPaymentsOnBehalfOfByBorrower" xml:lang="en-US">Total advance payments made by financial institutions on behalf of borrower in servicing relationship.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesPaymentsOnBehalfOfByBorrower" xml:lang="en-US">Total</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AdvancesPaymentsOnBehalfOfByBorrower" xml:lang="en-US">Total advance payments made by financial institutions on behalf of borrowers in a servicing relationship.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AdvancesPaymentsOnBehalfOfByBorrower" xlink:to="lab_7266800334M41J82H72K_ocn_AdvancesPaymentsOnBehalfOfByBorrower"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_Lending" xlink:label="loc_HF4325JKIF32_ocn_Lending"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_Lending" xml:lang="en-US">Lending</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_Lending" xml:lang="en-US">Lending</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_Lending" xml:lang="en-US">Advance payments made by financial institutions on behalf of borrower in non-servicing relationships.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_Lending" xlink:to="lab_JH6547LMKH54_ocn_Lending"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_CorporateItemsAndOtherAdvances" xlink:label="loc_5044688112K29H60F50I_ocn_CorporateItemsAndOtherAdvances"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_CorporateItemsAndOtherAdvances" xml:lang="en-US">Corporate Items and Other Advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_CorporateItemsAndOtherAdvances" xml:lang="en-US">Corporate Items and Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_CorporateItemsAndOtherAdvances" xml:lang="en-US">Advance payments made by financial institutions on behalf of borrower in non-servicing relationships.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_CorporateItemsAndOtherAdvances" xlink:to="lab_7266800334M41J82H72K_ocn_CorporateItemsAndOtherAdvances"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MatchFundedAdvancesTable" xlink:label="loc_HF4325JKIF32_ocn_MatchFundedAdvancesTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedAdvancesTable" xml:lang="en-US">Match Funded Advances [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedAdvancesTable" xml:lang="en-US">Match Funded Advances [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedAdvancesTable" xml:lang="en-US">This element represents information regarding Schedule of match funded advances.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MatchFundedAdvancesTable" xlink:to="lab_JH6547LMKH54_ocn_MatchFundedAdvancesTable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ResidentialMortgageMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_ResidentialMortgageMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ResidentialMortgageMember" xml:lang="en-US">Residential Mortgage [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ResidentialMortgageMember" xml:lang="en-US">Residential mortgage loan</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ResidentialMortgageMember" xml:lang="en-US">Residential Mortgage</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ResidentialMortgageMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_ResidentialMortgageMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MatchFundedAdvancesLineItems" xlink:label="loc_HF4325JKIF32_ocn_MatchFundedAdvancesLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedAdvancesLineItems" xml:lang="en-US">Match Funded Advances [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedAdvancesLineItems" xml:lang="en-US">Match Funded Advances [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedAdvancesLineItems" xml:lang="en-US">Line item represents information regarding match funded advances.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MatchFundedAdvancesLineItems" xlink:to="lab_JH6547LMKH54_ocn_MatchFundedAdvancesLineItems"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ForeclosuresBankruptcyRealEstateAndOther" xlink:label="loc_5044688112K29H60F50I_ocn_ForeclosuresBankruptcyRealEstateAndOther"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ForeclosuresBankruptcyRealEstateAndOther" xml:lang="en-US">Foreclosures Bankruptcy Real Estate and Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ForeclosuresBankruptcyRealEstateAndOther" xml:lang="en-US">Foreclosures, bankruptcy, real estate and other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ForeclosuresBankruptcyRealEstateAndOther" xml:lang="en-US">Advance payments made by financial institutions on behalf of borrowers related to foreclosures, bankruptcy and real estate.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ForeclosuresBankruptcyRealEstateAndOther" xlink:to="lab_7266800334M41J82H72K_ocn_ForeclosuresBankruptcyRealEstateAndOther"/>





<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward" xlink:label="loc_5044688112K29H60F50I_us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward" xml:lang="en-US">Servicing Asset At Amortized Value, Balance [Roll Forward]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtAmortizedValueBalanceRollForward" xml:lang="en-US">Servicing Asset at Amortized Value, Balance [Roll Forward]</label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtAmortizedValueAdditions" xml:lang="en-US">Servicing Asset At Amortized Value, Additions</label>
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<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAssetAtAmortizedValueAdditions1" xlink:label="loc_5044688112K29H60F50I_ocn_ServicingAssetAtAmortizedValueAdditions1"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAssetAtAmortizedValueAdditions1" xml:lang="en-US">Servicing Asset At Amortized Value Additions1</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAssetAtAmortizedValueAdditions1" xml:lang="en-US">Additions recognized on the sale of residential mortgage loans</label>
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<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtAmortizedValueOtherChangesThatAffectBalanceAmount" xml:lang="en-US">Servicing Asset At Amortized Value, Other Changes That Affect Balance, Amount</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValueAmortization1" xlink:label="loc_5044688112K29H60F50I_us-gaap_ServicingAssetAtAmortizedValueAmortization1"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtAmortizedValueAmortization1" xml:lang="en-US">Amortization (2)</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingAssetAtAmortizedValueFairValue" xlink:label="loc_HF4325JKIF32_us-gaap_ServicingAssetAtAmortizedValueFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtAmortizedValueFairValue" xml:lang="en-US">Servicing Asset at Amortized Value, Fair Value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtAmortizedValueFairValue" xml:lang="en-US">Mortgage servicing rights, at fair value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtAmortizedValueFairValue" xml:lang="en-US">Estimated fair value at June 30</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingAssetAtFairValueAmountRollForward" xlink:label="loc_5044688112K29H60F50I_us-gaap_ServicingAssetAtFairValueAmountRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtFairValueAmountRollForward" xml:lang="en-US">Servicing Asset At Fair Value, Amount [Roll Forward]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtFairValueAmountRollForward" xml:lang="en-US">Servicing Asset at Fair Value, Amount [Roll Forward]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ServicingAssetAtFairValueAmountRollForward" xlink:to="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtFairValueAmountRollForward"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptionsAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptionsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptionsAbstract" xml:lang="en-US">Servicing Asset At Fair Value, Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptionsAbstract" xml:lang="en-US">Changes in fair value:</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions" xlink:label="loc_5044688112K29H60F50I_us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions" xml:lang="en-US">Servicing Asset At Fair Value, Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions" xml:lang="en-US">Due to changes in market valuation assumptions</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions" xlink:to="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue" xlink:label="loc_HF4325JKIF32_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue" xml:lang="en-US">Servicing Asset At Fair Value, Other Changes In Fair Value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue" xml:lang="en-US">Realization of cash flows and other changes</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue" xlink:to="lab_JH6547LMKH54_us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesTable" xlink:label="loc_5044688112K29H60F50I_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesTable" xml:lang="en-US">Schedule Of Sensitivity Analysis Of Fair Value, Transferor's Interests In Transferred Financial Assets [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesTable" xml:lang="en-US">Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets [Table]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesTable" xlink:to="lab_7266800334M41J82H72K_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesTable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis" xlink:label="loc_HF4325JKIF32_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis" xml:lang="en-US">Sensitivity Analysis Of Fair Value, Transferor's Interests In Transferred Financial Assets, Impact Of Adverse Change In Assumption, By Type [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis" xml:lang="en-US">Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of Adverse Change in Assumption, by Type [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis" xlink:to="lab_JH6547LMKH54_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionByTypeOfFinancialInstrumentAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems" xlink:label="loc_5044688112K29H60F50I_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems" xml:lang="en-US">Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor, Servicing Assets Or Liabilities, Impact Of Adverse Change In Assumption [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems" xml:lang="en-US">Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems" xlink:to="lab_7266800334M41J82H72K_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOfAdverseChangeInAssumptionLineItems"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed" xlink:label="loc_HF4325JKIF32_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed" xml:lang="en-US">Sensitivity Analysis Of Fair Value, Transferor's Interests In Transferred Financial Assets, Impact Of 10 Percent Adverse Change In Prepayment Speed</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed" xml:lang="en-US">Weighted average prepayment speeds for 10%</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate" xlink:label="loc_5044688112K29H60F50I_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate" xml:lang="en-US">Sensitivity Analysis Of Fair Value, Transferor's Interests In Transferred Financial Assets, Impact Of 10 Percent Adverse Change In Discount Rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate" xml:lang="en-US">Discount rate (Option-adjusted spread) for 10%</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed" xlink:label="loc_HF4325JKIF32_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed" xml:lang="en-US">Sensitivity Analysis Of Fair Value, Transferor's Interests In Transferred Financial Assets, Impact Of 20 Percent Adverse Change In Prepayment Speed</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed" xml:lang="en-US">Weighted average prepayment speeds for 20%</label>
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<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate" xlink:label="loc_5044688112K29H60F50I_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate" xml:lang="en-US">Sensitivity Analysis Of Fair Value, Transferor's Interests In Transferred Financial Assets, Impact Of 20 Percent Adverse Change In Discount Rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate" xml:lang="en-US">Discount rate (Option-adjusted spread) for 20%</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate" xlink:to="lab_7266800334M41J82H72K_us-gaap_SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ContractuallySpecifiedServicingFeesAmount" xlink:label="loc_HF4325JKIF32_us-gaap_ContractuallySpecifiedServicingFeesAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ContractuallySpecifiedServicingFeesAmount" xml:lang="en-US">Contractually Specified Servicing Fees, Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ContractuallySpecifiedServicingFeesAmount" xml:lang="en-US">Loan servicing and subservicing fees</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ContractuallySpecifiedServicingFeesAmount" xlink:to="lab_JH6547LMKH54_us-gaap_ContractuallySpecifiedServicingFeesAmount"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_5044688112K29H60F50I_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Loan Modification Program Fees Earned In Exchange For Servicing Financial Assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Home Affordable Modification Program (HAMP) fees</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Represents fees related to a specific loan modification program due to the servicer in exchange for servicing the financial asset.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets" xlink:to="lab_7266800334M41J82H72K_ocn_LoanModificationProgramFeesEarnedInExchangeForServicingFinancialAssets"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount" xlink:label="loc_HF4325JKIF32_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount" xml:lang="en-US">Late Fee Income Generated By Servicing Financial Assets, Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount" xml:lang="en-US">Late charges</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount" xlink:to="lab_JH6547LMKH54_us-gaap_LateFeeIncomeGeneratedByServicingFinancialAssetsAmount"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_5044688112K29H60F50I_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Loan Collection Fees Earned In Exchange For Servicing Financial Assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Loan collection fees</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Represents loan collection fees paid by the borrower to the servicer for automated payment services.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets" xlink:to="lab_7266800334M41J82H72K_ocn_LoanCollectionFeesEarnedInExchangeForServicingFinancialAssets"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_HF4325JKIF32_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Float Earnings Earned In Exchange For Servicing Financial Assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Custodial accounts (float earnings)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Represents amount related to interest earned on unremitted loan payments held in custodial accounts, are due to the servicer in exchange for servicing the financial asset.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets" xlink:to="lab_JH6547LMKH54_ocn_FloatEarningsEarnedInExchangeForServicingFinancialAssets"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount" xlink:label="loc_5044688112K29H60F50I_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount" xml:lang="en-US">Ancillary Fee Income Generated By Servicing Financial Assets, Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount" xml:lang="en-US">Other</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount" xlink:to="lab_7266800334M41J82H72K_us-gaap_AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets" xlink:label="loc_HF4325JKIF32_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Contractually Specified Servicing Fees, Late Fees, and Ancillary Fees Earned In Exchange For Servicing Financial Assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Servicing and subservicing fees, Total</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets" xml:lang="en-US">Servicing and subservicing fees, Total</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets" xlink:to="lab_JH6547LMKH54_us-gaap_ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis" xlink:label="loc_5044688112K29H60F50I_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis" xml:lang="en-US">Unpaid Principal Balance Of Loans Serviced By Type Of Financial Instruments [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis" xml:lang="en-US">Unpaid Principal Balance Of Loans Serviced By Type Of Financial Instruments [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis" xml:lang="en-US">Unpaid Principal Balance Of Loans Serviced By Type Of Financial Instruments [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis" xml:lang="en-US">The unpaid principal balance of loans serviced.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis" xlink:to="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsAxis"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain" xlink:label="loc_HF4325JKIF32_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain" xml:lang="en-US">Unpaid Principal Balance Of Loans Serviced By Type Of Financial Instruments [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain" xml:lang="en-US">Unpaid Principal Balance Of Loans Serviced By Type Of Financial Instruments [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain" xml:lang="en-US">Represents by the type of the instrument unpaid principal balance.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain" xlink:to="lab_JH6547LMKH54_ocn_UnpaidPrincipalBalanceOfLoansServicedByTypeOfFinancialInstrumentsDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommercialRealEstateMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_CommercialRealEstateMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_CommercialRealEstateMember" xml:lang="en-US">Commercial Real Estate [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_CommercialRealEstateMember" xml:lang="en-US">Commercial</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_CommercialRealEstateMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_CommercialRealEstateMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoansServicedServicing" xlink:label="loc_HF4325JKIF32_ocn_LoansServicedServicing"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_LoansServicedServicing" xml:lang="en-US">Loans Serviced Servicing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_LoansServicedServicing" xml:lang="en-US">Servicing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_LoansServicedServicing" xml:lang="en-US">Servicing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_LoansServicedServicing" xml:lang="en-US">Total Loans serviced where the financial institution owns the mortgage servicing rights.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_LoansServicedServicing" xlink:to="lab_JH6547LMKH54_ocn_LoansServicedServicing"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoansServicedSubservicing" xlink:label="loc_5044688112K29H60F50I_ocn_LoansServicedSubservicing"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_LoansServicedSubservicing" xml:lang="en-US">Loans Serviced Subservicing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_LoansServicedSubservicing" xml:lang="en-US">Subservicing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_LoansServicedSubservicing" xml:lang="en-US">Subservicing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_LoansServicedSubservicing" xml:lang="en-US">Total Loans serviced where the financial institution does not own the mortgage servicing rights.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_LoansServicedSubservicing" xlink:to="lab_7266800334M41J82H72K_ocn_LoansServicedSubservicing"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AssetsServiced" xlink:label="loc_HF4325JKIF32_ocn_AssetsServiced"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AssetsServiced" xml:lang="en-US">Assets Serviced</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AssetsServiced" xml:lang="en-US">Total</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_ocn_AssetsServiced" xml:lang="en-US">Total</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AssetsServiced" xml:lang="en-US">Total of property assets serviced as measured by UPB.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AssetsServiced" xlink:to="lab_JH6547LMKH54_ocn_AssetsServiced"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xml:lang="en-US">Receivable Type [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xml:lang="en-US">Receivable Type [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="loc_HF4325JKIF32_us-gaap_ReceivableTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ReceivableTypeDomain" xml:lang="en-US">Receivable Type [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ReceivableTypeDomain" xml:lang="en-US">Receivable Type [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ReceivableTypeDomain" xlink:to="lab_JH6547LMKH54_us-gaap_ReceivableTypeDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ReceivablesMember" xlink:label="loc_5044688112K29H60F50I_ocn_ReceivablesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ReceivablesMember" xml:lang="en-US">Receivables [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ReceivablesMember" xml:lang="en-US">Receivable</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ReceivablesMember" xml:lang="en-US">Gross carrying value for receivables outstanding as of the balance sheet date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ReceivablesMember" xlink:to="lab_7266800334M41J82H72K_ocn_ReceivablesMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AllowanceForCreditLossesMember" xlink:label="loc_HF4325JKIF32_ocn_AllowanceForCreditLossesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AllowanceForCreditLossesMember" xml:lang="en-US">Allowance For Credit Losses Member</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_AllowanceForCreditLossesMember" xml:lang="en-US">Allowance for Losses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AllowanceForCreditLossesMember" xml:lang="en-US">Change in credit losses per type of receivable.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AllowanceForCreditLossesMember" xlink:to="lab_JH6547LMKH54_ocn_AllowanceForCreditLossesMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ReceivablesNetMember" xlink:label="loc_5044688112K29H60F50I_ocn_ReceivablesNetMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ReceivablesNetMember" xml:lang="en-US">Receivables Net [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ReceivablesNetMember" xml:lang="en-US">Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ReceivablesNetMember" xml:lang="en-US">Net amount of receivables by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ReceivablesNetMember" xlink:to="lab_7266800334M41J82H72K_ocn_ReceivablesNetMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingReceivableNet" xlink:label="loc_HF4325JKIF32_ocn_ServicingReceivableNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ServicingReceivableNet" xml:lang="en-US">Servicing Receivable Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ServicingReceivableNet" xml:lang="en-US">Servicing</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ServicingReceivableNet" xml:lang="en-US">Amounts due to the servicing business and primarily include reimbursable expenditures due from investors and amounts to be recovered from the custodial accounts of the trustees.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ServicingReceivableNet" xlink:to="lab_JH6547LMKH54_ocn_ServicingReceivableNet"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReceivable" xlink:label="loc_5044688112K29H60F50I_us-gaap_IncomeTaxReceivable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeTaxReceivable" xml:lang="en-US">Income Taxes Receivable</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeTaxReceivable" xml:lang="en-US">Income taxes receivable</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_IncomeTaxReceivable" xlink:to="lab_7266800334M41J82H72K_us-gaap_IncomeTaxReceivable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DueFromAffiliates" xlink:label="loc_HF4325JKIF32_us-gaap_DueFromAffiliates"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DueFromAffiliates" xml:lang="en-US">Due From Affiliates</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DueFromAffiliates" xml:lang="en-US">Due from related parties</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DueFromAffiliates" xlink:to="lab_JH6547LMKH54_us-gaap_DueFromAffiliates"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OtherReceivablesNet" xlink:label="loc_5044688112K29H60F50I_ocn_OtherReceivablesNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_OtherReceivablesNet" xml:lang="en-US">Other Receivables Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OtherReceivablesNet" xml:lang="en-US">The carrying amount of other receivables, net, due from third parties or arising from transactions not separately disclosed.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OtherReceivablesNet" xml:lang="en-US">Receivables, Total</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_OtherReceivablesNet" xml:lang="en-US">The carrying amount of other receivables, net, due from third parties or arising from transactions not separately disclosed.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_OtherReceivablesNet" xlink:to="lab_7266800334M41J82H72K_ocn_OtherReceivablesNet"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfGoodwillTable" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfGoodwillTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfGoodwillTable" xml:lang="en-US">Schedule Of Goodwill [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfGoodwillTable" xml:lang="en-US">Schedule of Goodwill [Table]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfGoodwillTable" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfGoodwillTable"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LittonLoanServicingLPMember" xlink:label="loc_5044688112K29H60F50I_ocn_LittonLoanServicingLPMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_LittonLoanServicingLPMember" xml:lang="en-US">Litton Loan Servicing L P [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_LittonLoanServicingLPMember" xml:lang="en-US">Litton Loan Servicing LP [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_LittonLoanServicingLPMember" xml:lang="en-US">Litton Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_LittonLoanServicingLPMember" xml:lang="en-US">Specific acquisition.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_LittonLoanServicingLPMember" xlink:to="lab_7266800334M41J82H72K_ocn_LittonLoanServicingLPMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_HomEqServicingMember" xlink:label="loc_HF4325JKIF32_ocn_HomEqServicingMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_HomEqServicingMember" xml:lang="en-US">Hom Eq Servicing [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_HomEqServicingMember" xml:lang="en-US">HomEq Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_HomEqServicingMember" xml:lang="en-US">This element represents name and other information of an entity.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_HomEqServicingMember" xlink:to="lab_JH6547LMKH54_ocn_HomEqServicingMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GoodwillLineItems" xlink:label="loc_5044688112K29H60F50I_us-gaap_GoodwillLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_GoodwillLineItems" xml:lang="en-US">Goodwill [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_GoodwillLineItems" xml:lang="en-US">Goodwill [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_GoodwillLineItems" xlink:to="lab_7266800334M41J82H72K_us-gaap_GoodwillLineItems"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GoodwillRollForward" xlink:label="loc_HF4325JKIF32_us-gaap_GoodwillRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_GoodwillRollForward" xml:lang="en-US">Goodwill [Roll Forward]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GoodwillRollForward" xml:lang="en-US">Goodwill [Roll Forward]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_GoodwillRollForward" xlink:to="lab_JH6547LMKH54_us-gaap_GoodwillRollForward"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit" xlink:label="loc_5044688112K29H60F50I_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit" xml:lang="en-US">Goodwill, Written Off Related To Sale Of Business Unit</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit" xml:lang="en-US">Derecognition of goodwill in connection with the sale of a business</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit" xlink:to="lab_7266800334M41J82H72K_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GoodwillAcquiredDuringPeriod" xlink:label="loc_HF4325JKIF32_us-gaap_GoodwillAcquiredDuringPeriod"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_GoodwillAcquiredDuringPeriod" xml:lang="en-US">Goodwill, Acquired During Period</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GoodwillAcquiredDuringPeriod" xml:lang="en-US">ResCap Acquisition</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_GoodwillAcquiredDuringPeriod" xlink:to="lab_JH6547LMKH54_us-gaap_GoodwillAcquiredDuringPeriod"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_GoodwillExcludingLibertyAndStepAcquisitionAmount" xlink:label="loc_5044688112K29H60F50I_ocn_GoodwillExcludingLibertyAndStepAcquisitionAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_GoodwillExcludingLibertyAndStepAcquisitionAmount" xml:lang="en-US">Goodwill Excluding Liberty And Step Acquisition Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_GoodwillExcludingLibertyAndStepAcquisitionAmount" xml:lang="en-US">Goodwill excluding liberty and step acquisition, amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_GoodwillExcludingLibertyAndStepAcquisitionAmount" xml:lang="en-US">Carrying amount of goodwill excluding step and other insignificant acqusition.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_GoodwillExcludingLibertyAndStepAcquisitionAmount" xlink:to="lab_7266800334M41J82H72K_ocn_GoodwillExcludingLibertyAndStepAcquisitionAmount"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_GoodwillAcquiredDuringPeriodTwo" xlink:label="loc_HF4325JKIF32_ocn_GoodwillAcquiredDuringPeriodTwo"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_GoodwillAcquiredDuringPeriodTwo" xml:lang="en-US">Goodwill Acquired During Period Two</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_GoodwillAcquiredDuringPeriodTwo" xml:lang="en-US">Liberty Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_GoodwillAcquiredDuringPeriodTwo" xml:lang="en-US">The aggregate amount of goodwill acquired in the period and allocated to the reportable segment. The value is stated at fair value based on the purchase price allocation.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_GoodwillAcquiredDuringPeriodTwo" xlink:to="lab_JH6547LMKH54_ocn_GoodwillAcquiredDuringPeriodTwo"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessCombinationStepAcquisitionGoodwill" xlink:label="loc_5044688112K29H60F50I_ocn_BusinessCombinationStepAcquisitionGoodwill"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessCombinationStepAcquisitionGoodwill" xml:lang="en-US">Business Combination Step Acquisition Goodwill</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessCombinationStepAcquisitionGoodwill" xml:lang="en-US">Step acquisition - Correspondent One</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessCombinationStepAcquisitionGoodwill" xml:lang="en-US">Represents goodwill associated with a business combination achieved in stages.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BusinessCombinationStepAcquisitionGoodwill" xlink:to="lab_7266800334M41J82H72K_ocn_BusinessCombinationStepAcquisitionGoodwill"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LoansReceivableHeldForSaleNet" xlink:label="loc_HF4325JKIF32_us-gaap_LoansReceivableHeldForSaleNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_LoansReceivableHeldForSaleNet" xml:lang="en-US">Loans Receivable Held-For-Sale, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LoansReceivableHeldForSaleNet" xml:lang="en-US">Debt instrument, repurchase amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LoansReceivableHeldForSaleNet" xml:lang="en-US">Loans held for sale, at lower of cost or fair value</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LoansReceivableHeldForSaleNet" xlink:to="lab_JH6547LMKH54_us-gaap_LoansReceivableHeldForSaleNet"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="loc_5044688112K29H60F50I_us-gaap_DeferredFinanceCostsNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DeferredFinanceCostsNet" xml:lang="en-US">Deferred Finance Costs, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DeferredFinanceCostsNet" xml:lang="en-US">Prepaid lender fees and debt issuance costs, net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DeferredFinanceCostsNet" xlink:to="lab_7266800334M41J82H72K_us-gaap_DeferredFinanceCostsNet"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PrepaidTaxes" xlink:label="loc_HF4325JKIF32_us-gaap_PrepaidTaxes"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PrepaidTaxes" xml:lang="en-US">Prepaid Taxes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PrepaidTaxes" xml:lang="en-US">Prepaid income taxes</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PrepaidTaxes" xlink:to="lab_JH6547LMKH54_us-gaap_PrepaidTaxes"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeNet" xlink:label="loc_5044688112K29H60F50I_us-gaap_DerivativeFairValueOfDerivativeNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeFairValueOfDerivativeNet" xml:lang="en-US">Derivative, Fair Value, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeFairValueOfDerivativeNet" xml:lang="en-US">Derivatives, at fair value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeFairValueOfDerivativeNet" xml:lang="en-US">Fair value of net derivative assets (liabilities) at 30-Jun-13</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeFairValueOfDerivativeNet" xml:lang="en-US">Fair value of net derivative assets (liabilities) at 31-Dec-12</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DerivativeFairValueOfDerivativeNet" xlink:to="lab_7266800334M41J82H72K_us-gaap_DerivativeFairValueOfDerivativeNet"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="loc_HF4325JKIF32_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xml:lang="en-US">Investments In and Advance To Affiliates, Subsidiaries, Associates, and Joint Ventures</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xml:lang="en-US">Investments in and advance to affiliates, subsidiaries, associates, and joint ventures (in dollars)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xml:lang="en-US">Investment in unconsolidated entities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:to="lab_JH6547LMKH54_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RealEstateInvestmentsOther" xlink:label="loc_5044688112K29H60F50I_us-gaap_RealEstateInvestmentsOther"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_RealEstateInvestmentsOther" xml:lang="en-US">Real Estate, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RealEstateInvestmentsOther" xml:lang="en-US">Real estate, net</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_RealEstateInvestmentsOther" xlink:to="lab_7266800334M41J82H72K_us-gaap_RealEstateInvestmentsOther"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DepositsAssets" xlink:label="loc_HF4325JKIF32_us-gaap_DepositsAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DepositsAssets" xml:lang="en-US">Interest Earning Collateral Deposits (1)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DepositsAssets" xml:lang="en-US">Interest earning collateral deposits</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DepositsAssets" xlink:to="lab_JH6547LMKH54_us-gaap_DepositsAssets"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionDeposits" xlink:label="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionDeposits"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionDeposits" xml:lang="en-US">Business Acquisition Deposits</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionDeposits" xml:lang="en-US">Acquisition deposits</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionDeposits" xml:lang="en-US">This element represents acquisition-related deposits incurred to effect a business combination.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionDeposits" xlink:to="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionDeposits"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssets" xlink:label="loc_HF4325JKIF32_us-gaap_PrepaidExpenseAndOtherAssets"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PrepaidExpenseAndOtherAssets" xml:lang="en-US">Prepaid Expenses and Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PrepaidExpenseAndOtherAssets" xml:lang="en-US">Prepaid expenses and other</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PrepaidExpenseAndOtherAssets" xlink:to="lab_JH6547LMKH54_us-gaap_PrepaidExpenseAndOtherAssets"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsAndAssociatedLiabilitiesAccountedForAsSecuredBorrowingsByTypeAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_AssetsAndAssociatedLiabilitiesAccountedForAsSecuredBorrowingsByTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AssetsAndAssociatedLiabilitiesAccountedForAsSecuredBorrowingsByTypeAxis" xml:lang="en-US">Assets and Associated Liabilities Accounted for as Secured Borrowings by Type [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AssetsAndAssociatedLiabilitiesAccountedForAsSecuredBorrowingsByTypeAxis" xml:lang="en-US">Assets and Associated Liabilities Accounted for as Secured Borrowings by Type [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AssetsAndAssociatedLiabilitiesAccountedForAsSecuredBorrowingsByTypeAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_AssetsAndAssociatedLiabilitiesAccountedForAsSecuredBorrowingsByTypeAxis"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicerAdvanceRevolvingTrustOne2011Member" xlink:label="loc_HF4325JKIF32_ocn_ServicerAdvanceRevolvingTrustOne2011Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustOne2011Member" xml:lang="en-US">Servicer Advance Revolving Trust One 2011 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustOne2011Member" xml:lang="en-US">2011-Servicer Advance Revolving Trust 1</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustOne2011Member" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ServicerAdvanceRevolvingTrustOne2011Member" xlink:to="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustOne2011Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicerAdvanceRevolvingTrustOne2011TwoMember" xlink:label="loc_5044688112K29H60F50I_ocn_ServicerAdvanceRevolvingTrustOne2011TwoMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ServicerAdvanceRevolvingTrustOne2011TwoMember" xml:lang="en-US">Servicer Advance Revolving Trust One 2011 Two [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ServicerAdvanceRevolvingTrustOne2011TwoMember" xml:lang="en-US">2011-Servicer Advance Revolving Trust 1</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ServicerAdvanceRevolvingTrustOne2011TwoMember" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ServicerAdvanceRevolvingTrustOne2011TwoMember" xlink:to="lab_7266800334M41J82H72K_ocn_ServicerAdvanceRevolvingTrustOne2011TwoMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicerAdvanceRevolvingTrustTwo2012Member" xlink:label="loc_HF4325JKIF32_ocn_ServicerAdvanceRevolvingTrustTwo2012Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustTwo2012Member" xml:lang="en-US">Servicer Advance Revolving Trust Two 2012 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustTwo2012Member" xml:lang="en-US">2012-Servicing Advance Revolving Trust 2</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustTwo2012Member" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ServicerAdvanceRevolvingTrustTwo2012Member" xlink:to="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustTwo2012Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicerAdvanceRevolvingTrustThree2012Member" xlink:label="loc_5044688112K29H60F50I_ocn_ServicerAdvanceRevolvingTrustThree2012Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ServicerAdvanceRevolvingTrustThree2012Member" xml:lang="en-US">Servicer Advance Revolving Trust Three 2012 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ServicerAdvanceRevolvingTrustThree2012Member" xml:lang="en-US">2012-Servicing Advance Revolving Trust 3</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ServicerAdvanceRevolvingTrustThree2012Member" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ServicerAdvanceRevolvingTrustThree2012Member" xlink:to="lab_7266800334M41J82H72K_ocn_ServicerAdvanceRevolvingTrustThree2012Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicerAdvanceRevolvingTrustThree2012TwoMember" xlink:label="loc_HF4325JKIF32_ocn_ServicerAdvanceRevolvingTrustThree2012TwoMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustThree2012TwoMember" xml:lang="en-US">Servicer Advance Revolving Trust Three 2012 Two [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustThree2012TwoMember" xml:lang="en-US">2012-Servicing Advance Revolving Trust 3</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustThree2012TwoMember" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ServicerAdvanceRevolvingTrustThree2012TwoMember" xlink:to="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustThree2012TwoMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_TotalFixedRateMember" xlink:label="loc_5044688112K29H60F50I_ocn_TotalFixedRateMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_TotalFixedRateMember" xml:lang="en-US">Total Fixed Rate Member</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_TotalFixedRateMember" xml:lang="en-US">Total Fixed Rate [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_TotalFixedRateMember" xml:lang="en-US">Total fixed rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_TotalFixedRateMember" xml:lang="en-US">Aggregate amount of fixed rates.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_TotalFixedRateMember" xlink:to="lab_7266800334M41J82H72K_ocn_TotalFixedRateMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdvanceReceivableBackedNotesMember" xlink:label="loc_HF4325JKIF32_ocn_AdvanceReceivableBackedNotesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AdvanceReceivableBackedNotesMember" xml:lang="en-US">Advance Receivable Backed Notes [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AdvanceReceivableBackedNotesMember" xml:lang="en-US">Advance Receivable Backed Notes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AdvanceReceivableBackedNotesMember" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AdvanceReceivableBackedNotesMember" xlink:to="lab_JH6547LMKH54_ocn_AdvanceReceivableBackedNotesMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdvanceReceivableBackedNotesSeries2012AdvOneMember" xlink:label="loc_5044688112K29H60F50I_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneMember" xml:lang="en-US">Advance Receivable Backed Notes Series 2012 Adv One [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneMember" xml:lang="en-US">Advance Receivable Backed Notes Series 2012-ADV1</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneMember" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneMember" xlink:to="lab_7266800334M41J82H72K_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdvanceReceivableBackedNotesSeries2012AdvOneTwoMember" xlink:label="loc_HF4325JKIF32_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneTwoMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneTwoMember" xml:lang="en-US">Advance Receivable Backed Notes Series 2012 Adv One Two [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneTwoMember" xml:lang="en-US">Advance Receivable Backed Notes Series 2012-ADV1</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneTwoMember" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneTwoMember" xlink:to="lab_JH6547LMKH54_ocn_AdvanceReceivableBackedNotesSeries2012AdvOneTwoMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAdvanceRevolvingTrustOne2011Member" xlink:label="loc_5044688112K29H60F50I_ocn_ServicingAdvanceRevolvingTrustOne2011Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAdvanceRevolvingTrustOne2011Member" xml:lang="en-US">Servicing Advance Revolving Trust One 2011 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAdvanceRevolvingTrustOne2011Member" xml:lang="en-US">Advance Receivable Backed Note</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAdvanceRevolvingTrustOne2011Member" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ServicingAdvanceRevolvingTrustOne2011Member" xlink:to="lab_7266800334M41J82H72K_ocn_ServicingAdvanceRevolvingTrustOne2011Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicerAdvanceRevolvingTrustOne2011ThreeMember" xlink:label="loc_HF4325JKIF32_ocn_ServicerAdvanceRevolvingTrustOne2011ThreeMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustOne2011ThreeMember" xml:lang="en-US">Servicer Advance Revolving Trust One 2011 Three [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustOne2011ThreeMember" xml:lang="en-US">2011-Servicing Advance Revolving Trust 1</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustOne2011ThreeMember" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ServicerAdvanceRevolvingTrustOne2011ThreeMember" xlink:to="lab_JH6547LMKH54_ocn_ServicerAdvanceRevolvingTrustOne2011ThreeMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAdvanceRevolvingTrustTwo2012Member" xlink:label="loc_5044688112K29H60F50I_ocn_ServicingAdvanceRevolvingTrustTwo2012Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAdvanceRevolvingTrustTwo2012Member" xml:lang="en-US">Servicing Advance Revolving Trust Two 2012 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAdvanceRevolvingTrustTwo2012Member" xml:lang="en-US">2012-Servicing Advance Revolving Trust 2</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAdvanceRevolvingTrustTwo2012Member" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ServicingAdvanceRevolvingTrustTwo2012Member" xlink:to="lab_7266800334M41J82H72K_ocn_ServicingAdvanceRevolvingTrustTwo2012Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAdvanceRevolvingTrustThree2012Member" xlink:label="loc_HF4325JKIF32_ocn_ServicingAdvanceRevolvingTrustThree2012Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ServicingAdvanceRevolvingTrustThree2012Member" xml:lang="en-US">Servicing Advance Revolving Trust Three 2012 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ServicingAdvanceRevolvingTrustThree2012Member" xml:lang="en-US">2012-Servicing Advance Revolving Trust 3</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ServicingAdvanceRevolvingTrustThree2012Member" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ServicingAdvanceRevolvingTrustThree2012Member" xlink:to="lab_JH6547LMKH54_ocn_ServicingAdvanceRevolvingTrustThree2012Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_HomewardAgencyAdvanceFundingTrustOne2012Member" xlink:label="loc_5044688112K29H60F50I_ocn_HomewardAgencyAdvanceFundingTrustOne2012Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardAgencyAdvanceFundingTrustOne2012Member" xml:lang="en-US">Homeward Agency Advance Funding Trust One 2012 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardAgencyAdvanceFundingTrustOne2012Member" xml:lang="en-US">2012-Homeward Agency Advance Funding Trust 2012-1</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardAgencyAdvanceFundingTrustOne2012Member" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_HomewardAgencyAdvanceFundingTrustOne2012Member" xlink:to="lab_7266800334M41J82H72K_ocn_HomewardAgencyAdvanceFundingTrustOne2012Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_HomewardAgencyAdvanceFundingTrustOne2012TwoMember" xlink:label="loc_HF4325JKIF32_ocn_HomewardAgencyAdvanceFundingTrustOne2012TwoMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_HomewardAgencyAdvanceFundingTrustOne2012TwoMember" xml:lang="en-US">Homeward Agency Advance Funding Trust One 2012 Two [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_HomewardAgencyAdvanceFundingTrustOne2012TwoMember" xml:lang="en-US">2012-Homeward DSF Advance Revolving Trust 2012-1</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_HomewardAgencyAdvanceFundingTrustOne2012TwoMember" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_HomewardAgencyAdvanceFundingTrustOne2012TwoMember" xlink:to="lab_JH6547LMKH54_ocn_HomewardAgencyAdvanceFundingTrustOne2012TwoMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_HomewardResidentialBridgeLoanTrust2013SeriesBridgeVfOneAndVfTwoMember" xlink:label="loc_5044688112K29H60F50I_ocn_HomewardResidentialBridgeLoanTrust2013SeriesBridgeVfOneAndVfTwoMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardResidentialBridgeLoanTrust2013SeriesBridgeVfOneAndVfTwoMember" xml:lang="en-US">Homeward Residential Bridge Loan Trust 2013 Series Bridge Vf One and Vf Two [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardResidentialBridgeLoanTrust2013SeriesBridgeVfOneAndVfTwoMember" xml:lang="en-US">Homeward Residential Bridge Loan Trust - 2013 Series-Bridge-VF1 and VF2</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_HomewardResidentialBridgeLoanTrust2013SeriesBridgeVfOneAndVfTwoMember" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_HomewardResidentialBridgeLoanTrust2013SeriesBridgeVfOneAndVfTwoMember" xlink:to="lab_7266800334M41J82H72K_ocn_HomewardResidentialBridgeLoanTrust2013SeriesBridgeVfOneAndVfTwoMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OcwenServicerAdvanceReceivablesTrustSeries2013VfoneClassBCAndDNotesMember" xlink:label="loc_HF4325JKIF32_ocn_OcwenServicerAdvanceReceivablesTrustSeries2013VfoneClassBCAndDNotesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_OcwenServicerAdvanceReceivablesTrustSeries2013VfoneClassBCAndDNotesMember" xml:lang="en-US">Ocwen Servicer Advance Receivables Trust Series 2013 Vfone Class B C and D Notes [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_OcwenServicerAdvanceReceivablesTrustSeries2013VfoneClassBCAndDNotesMember" xml:lang="en-US">Ocwen Servicer Advance Receivables Trust - Series 2013-VF1 Class A, B, C and D Notes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_OcwenServicerAdvanceReceivablesTrustSeries2013VfoneClassBCAndDNotesMember" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_OcwenServicerAdvanceReceivablesTrustSeries2013VfoneClassBCAndDNotesMember" xlink:to="lab_JH6547LMKH54_ocn_OcwenServicerAdvanceReceivablesTrustSeries2013VfoneClassBCAndDNotesMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OcwenServicerAdvanceReceivablesTrustTwoSeries2013VfOneClassABCAndDNotesMember" xlink:label="loc_5044688112K29H60F50I_ocn_OcwenServicerAdvanceReceivablesTrustTwoSeries2013VfOneClassABCAndDNotesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_OcwenServicerAdvanceReceivablesTrustTwoSeries2013VfOneClassABCAndDNotesMember" xml:lang="en-US">Ocwen Servicer Advance Receivables Trust Two Series 2013 Vf One Class B C and D Notes [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OcwenServicerAdvanceReceivablesTrustTwoSeries2013VfOneClassABCAndDNotesMember" xml:lang="en-US">Ocwen Servicer Advance Receivables Trust II - Series 2013-VF1 Class A, B, C and D Notes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_OcwenServicerAdvanceReceivablesTrustTwoSeries2013VfOneClassABCAndDNotesMember" xml:lang="en-US">Secured borrowing by type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_OcwenServicerAdvanceReceivablesTrustTwoSeries2013VfOneClassABCAndDNotesMember" xlink:to="lab_7266800334M41J82H72K_ocn_OcwenServicerAdvanceReceivablesTrustTwoSeries2013VfOneClassABCAndDNotesMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_TotalVariableRateMember" xlink:label="loc_HF4325JKIF32_ocn_TotalVariableRateMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_TotalVariableRateMember" xml:lang="en-US">Total Variable Rate [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_TotalVariableRateMember" xml:lang="en-US">Total Variable Rate [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_TotalVariableRateMember" xml:lang="en-US">Total variable rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_TotalVariableRateMember" xml:lang="en-US">Specific type of borrowing.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_TotalVariableRateMember" xlink:to="lab_JH6547LMKH54_ocn_TotalVariableRateMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DebtInstrumentFixedOrVariableInterestRateDescription" xlink:label="loc_5044688112K29H60F50I_ocn_DebtInstrumentFixedOrVariableInterestRateDescription"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DebtInstrumentFixedOrVariableInterestRateDescription" xml:lang="en-US">Debt Instrument Fixed Or Variable Interest Rate Description</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DebtInstrumentFixedOrVariableInterestRateDescription" xml:lang="en-US">Interest Rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DebtInstrumentFixedOrVariableInterestRateDescription" xml:lang="en-US">The fixed interest rate or range of interest rates with percentage points added to reference rate to compute the variable rate on the debt instrument.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_DebtInstrumentFixedOrVariableInterestRateDescription" xlink:to="lab_7266800334M41J82H72K_ocn_DebtInstrumentFixedOrVariableInterestRateDescription"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="loc_HF4325JKIF32_us-gaap_DebtInstrumentMaturityDate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentMaturityDate" xml:lang="en-US">Maturity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentMaturityDate" xml:lang="en-US">Maturity</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DebtInstrumentMaturityDate" xlink:to="lab_JH6547LMKH54_us-gaap_DebtInstrumentMaturityDate"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DebtInstrumentAmortizationDate" xlink:label="loc_5044688112K29H60F50I_ocn_DebtInstrumentAmortizationDate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DebtInstrumentAmortizationDate" xml:lang="en-US">Debt Instrument Amortization Date</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DebtInstrumentAmortizationDate" xml:lang="en-US">Amortization Date</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DebtInstrumentAmortizationDate" xml:lang="en-US">Date when the debt instrument revolving period ends under advance facility note and repayment of the outstanding balance must begin if the note is not renewed or extended presented as month and year.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_DebtInstrumentAmortizationDate" xlink:to="lab_7266800334M41J82H72K_ocn_DebtInstrumentAmortizationDate"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xlink:label="loc_HF4325JKIF32_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xml:lang="en-US">Debt Instrument, Unused Borrowing Capacity, Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xml:lang="en-US">Unused Borrowing Capacity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xml:lang="en-US">Available Borrowing Capacity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xml:lang="en-US">Available Borrowing Capacity</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xlink:to="lab_JH6547LMKH54_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentTable" xml:lang="en-US">Schedule Of Long-Term Debt Instruments [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentTable" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentTable" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentTable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="loc_HF4325JKIF32_us-gaap_LongtermDebtTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_LongtermDebtTypeAxis" xml:lang="en-US">Long-Term Debt, Type [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LongtermDebtTypeAxis" xml:lang="en-US">Long-term Debt, Type [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LongtermDebtTypeAxis" xlink:to="lab_JH6547LMKH54_us-gaap_LongtermDebtTypeAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_5044688112K29H60F50I_us-gaap_LongtermDebtTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_LongtermDebtTypeDomain" xml:lang="en-US">Long-Term Debt, Type [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_LongtermDebtTypeDomain" xml:lang="en-US">Long-term Debt, Type [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_LongtermDebtTypeDomain" xlink:to="lab_7266800334M41J82H72K_us-gaap_LongtermDebtTypeDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_SeniorSecuredTermLoanMember" xlink:label="loc_HF4325JKIF32_ocn_SeniorSecuredTermLoanMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_SeniorSecuredTermLoanMember" xml:lang="en-US">Senior Secured Term Loan [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_SeniorSecuredTermLoanMember" xml:lang="en-US">SSTL</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_SeniorSecuredTermLoanMember" xml:lang="en-US">Senior Secured Term Loan</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_SeniorSecuredTermLoanMember" xml:lang="en-US">Specific secured line of credit.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_SeniorSecuredTermLoanMember" xlink:to="lab_JH6547LMKH54_ocn_SeniorSecuredTermLoanMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_SeniorUnsecuredTermLoanMember" xlink:label="loc_5044688112K29H60F50I_ocn_SeniorUnsecuredTermLoanMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_SeniorUnsecuredTermLoanMember" xml:lang="en-US">Senior Unsecured Term Loan [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_SeniorUnsecuredTermLoanMember" xml:lang="en-US">Senior unsecured term loan</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_SeniorUnsecuredTermLoanMember" xml:lang="en-US">Represents senior unsecured term loan.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_SeniorUnsecuredTermLoanMember" xlink:to="lab_7266800334M41J82H72K_ocn_SeniorUnsecuredTermLoanMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PromissoryNoteMember" xlink:label="loc_HF4325JKIF32_ocn_PromissoryNoteMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_PromissoryNoteMember" xml:lang="en-US">Promissory Note [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_PromissoryNoteMember" xml:lang="en-US">Promissory note</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_PromissoryNoteMember" xml:lang="en-US">Specific borrowing type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_PromissoryNoteMember" xlink:to="lab_JH6547LMKH54_ocn_PromissoryNoteMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_RepurchaseAgreementMember" xlink:label="loc_5044688112K29H60F50I_ocn_RepurchaseAgreementMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_RepurchaseAgreementMember" xml:lang="en-US">Repurchase Agreement [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_RepurchaseAgreementMember" xml:lang="en-US">Repurchase agreement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_RepurchaseAgreementMember" xml:lang="en-US">Represent repurchase agreement related to loans held for sale.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_RepurchaseAgreementMember" xlink:to="lab_7266800334M41J82H72K_ocn_RepurchaseAgreementMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="loc_HF4325JKIF32_us-gaap_CreditFacilityAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_CreditFacilityAxis" xml:lang="en-US">Credit Facility [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CreditFacilityAxis" xml:lang="en-US">Credit Facility [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_CreditFacilityAxis" xlink:to="lab_JH6547LMKH54_us-gaap_CreditFacilityAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="loc_5044688112K29H60F50I_us-gaap_CreditFacilityDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_CreditFacilityDomain" xml:lang="en-US">Credit Facility [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_CreditFacilityDomain" xml:lang="en-US">Credit Facility [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_CreditFacilityDomain" xlink:to="lab_7266800334M41J82H72K_us-gaap_CreditFacilityDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MasterRepurchaseAgreementMember" xlink:label="loc_HF4325JKIF32_ocn_MasterRepurchaseAgreementMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MasterRepurchaseAgreementMember" xml:lang="en-US">Master Repurchase Agreement [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MasterRepurchaseAgreementMember" xml:lang="en-US">Master repurchase agreement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MasterRepurchaseAgreementMember" xml:lang="en-US">Represents master repurchase agreement.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MasterRepurchaseAgreementMember" xlink:to="lab_JH6547LMKH54_ocn_MasterRepurchaseAgreementMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ParticipationAgreementMember" xlink:label="loc_5044688112K29H60F50I_ocn_ParticipationAgreementMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ParticipationAgreementMember" xml:lang="en-US">Participation Agreement [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ParticipationAgreementMember" xml:lang="en-US">Participation agreement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ParticipationAgreementMember" xml:lang="en-US">Represents participation agreement.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ParticipationAgreementMember" xlink:to="lab_7266800334M41J82H72K_ocn_ParticipationAgreementMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShortTermDebtTypeAxis" xlink:label="loc_HF4325JKIF32_us-gaap_ShortTermDebtTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ShortTermDebtTypeAxis" xml:lang="en-US">Short-Term Debt, Type [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ShortTermDebtTypeAxis" xml:lang="en-US">Short-term Debt, Type [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ShortTermDebtTypeAxis" xlink:to="lab_JH6547LMKH54_us-gaap_ShortTermDebtTypeAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShortTermDebtTypeDomain" xlink:label="loc_5044688112K29H60F50I_us-gaap_ShortTermDebtTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ShortTermDebtTypeDomain" xml:lang="en-US">Short-Term Debt, Type [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ShortTermDebtTypeDomain" xml:lang="en-US">Short-term Debt, Type [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ShortTermDebtTypeDomain" xlink:to="lab_7266800334M41J82H72K_us-gaap_ShortTermDebtTypeDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember" xlink:label="loc_HF4325JKIF32_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember" xml:lang="en-US">Securities Sold Under Agreements To Repurchase [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember" xml:lang="en-US">Securities sold under an agreement to repurchase</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember" xlink:to="lab_JH6547LMKH54_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MaturityDateAxis" xlink:label="loc_5044688112K29H60F50I_ocn_MaturityDateAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_MaturityDateAxis" xml:lang="en-US">Maturity Date [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_MaturityDateAxis" xml:lang="en-US">Maturity Date [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_MaturityDateAxis" xml:lang="en-US">Represents the different maturity dates.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_MaturityDateAxis" xlink:to="lab_7266800334M41J82H72K_ocn_MaturityDateAxis"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MaturityDateDomain" xlink:label="loc_HF4325JKIF32_ocn_MaturityDateDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MaturityDateDomain" xml:lang="en-US">Maturity Date [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MaturityDateDomain" xml:lang="en-US">Maturity Date [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MaturityDateDomain" xml:lang="en-US">Represents the different maturity dates.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MaturityDateDomain" xlink:to="lab_JH6547LMKH54_ocn_MaturityDateDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_September2016Member" xlink:label="loc_5044688112K29H60F50I_ocn_September2016Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_September2016Member" xml:lang="en-US">September 2016 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_September2016Member" xml:lang="en-US">Sept. 2016</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_September2016Member" xml:lang="en-US">Represents maturity date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_September2016Member" xlink:to="lab_7266800334M41J82H72K_ocn_September2016Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_February2018Member" xlink:label="loc_HF4325JKIF32_ocn_February2018Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_February2018Member" xml:lang="en-US">February 2018 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_February2018Member" xml:lang="en-US">Feb. 2018</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_February2018Member" xml:lang="en-US">Represents maturity date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_February2018Member" xlink:to="lab_JH6547LMKH54_ocn_February2018Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_March2014Member" xlink:label="loc_5044688112K29H60F50I_ocn_March2014Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_March2014Member" xml:lang="en-US">March 2014 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_March2014Member" xml:lang="en-US">Mar. 2014</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_March2014Member" xml:lang="en-US">Represents maturity date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_March2014Member" xlink:to="lab_7266800334M41J82H72K_ocn_March2014Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_Apr2014Member" xlink:label="loc_HF4325JKIF32_ocn_Apr2014Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_Apr2014Member" xml:lang="en-US">Apr 2014 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_Apr2014Member" xml:lang="en-US">Apr 2014</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_Apr2014Member" xml:lang="en-US">Represents maturity date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_Apr2014Member" xlink:to="lab_JH6547LMKH54_ocn_Apr2014Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_May2014Member" xlink:label="loc_5044688112K29H60F50I_ocn_May2014Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_May2014Member" xml:lang="en-US">May 2014 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_May2014Member" xml:lang="en-US">May 2014</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_May2014Member" xml:lang="en-US">Represents maturity date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_May2014Member" xlink:to="lab_7266800334M41J82H72K_ocn_May2014Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_Aug2013Member" xlink:label="loc_HF4325JKIF32_ocn_Aug2013Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_Aug2013Member" xml:lang="en-US">Aug 2013 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_Aug2013Member" xml:lang="en-US">Aug 2013</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_Aug2013Member" xml:lang="en-US">Represents maturity date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_Aug2013Member" xlink:to="lab_JH6547LMKH54_ocn_Aug2013Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_Aug2013TwoMember" xlink:label="loc_5044688112K29H60F50I_ocn_Aug2013TwoMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_Aug2013TwoMember" xml:lang="en-US">Aug 2013 Two [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_Aug2013TwoMember" xml:lang="en-US">Aug 2013</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_Aug2013TwoMember" xml:lang="en-US">Represents maturity date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_Aug2013TwoMember" xlink:to="lab_7266800334M41J82H72K_ocn_Aug2013TwoMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_April2013Member" xlink:label="loc_HF4325JKIF32_ocn_April2013Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_April2013Member" xml:lang="en-US">April 2013 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_April2013Member" xml:lang="en-US">Apr. 2013</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_April2013Member" xml:lang="en-US">Represents maturity date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_April2013Member" xlink:to="lab_JH6547LMKH54_ocn_April2013Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_May2013Member" xlink:label="loc_5044688112K29H60F50I_ocn_May2013Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_May2013Member" xml:lang="en-US">May 2013 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_May2013Member" xml:lang="en-US">May 2013</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_May2013Member" xml:lang="en-US">Represents maturity date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_May2013Member" xlink:to="lab_7266800334M41J82H72K_ocn_May2013Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_July2013Member" xlink:label="loc_HF4325JKIF32_ocn_July2013Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_July2013Member" xml:lang="en-US">July 2013 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_July2013Member" xml:lang="en-US">Jul. 2013</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_July2013Member" xml:lang="en-US">Represents maturity date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_July2013Member" xlink:to="lab_JH6547LMKH54_ocn_July2013Member"/>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_5044688112K29H60F50I_dei_LegalEntityAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_dei_LegalEntityAxis" xml:lang="en-US">Legal Entity [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_dei_LegalEntityAxis" xml:lang="en-US">Legal Entity [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_dei_LegalEntityAxis" xlink:to="lab_7266800334M41J82H72K_dei_LegalEntityAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityDomain" xlink:label="loc_HF4325JKIF32_dei_EntityDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_dei_EntityDomain" xml:lang="en-US">Entity [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_dei_EntityDomain" xml:lang="en-US">Entity [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_dei_EntityDomain" xlink:to="lab_JH6547LMKH54_dei_EntityDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_HomeLoanServicingSolutionsMember" xlink:label="loc_5044688112K29H60F50I_ocn_HomeLoanServicingSolutionsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_HomeLoanServicingSolutionsMember" xml:lang="en-US">Home Loan Servicing Solutions [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_HomeLoanServicingSolutionsMember" xml:lang="en-US">HLSS</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_HomeLoanServicingSolutionsMember" xml:lang="en-US">Represents related party.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_HomeLoanServicingSolutionsMember" xlink:to="lab_7266800334M41J82H72K_ocn_HomeLoanServicingSolutionsMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_UnrelatedThirdPartyMember" xlink:label="loc_HF4325JKIF32_ocn_UnrelatedThirdPartyMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_UnrelatedThirdPartyMember" xml:lang="en-US">Unrelated Third Party [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_UnrelatedThirdPartyMember" xml:lang="en-US">Unrelated third party</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_UnrelatedThirdPartyMember" xml:lang="en-US">Represents unrelated third party.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_UnrelatedThirdPartyMember" xlink:to="lab_JH6547LMKH54_ocn_UnrelatedThirdPartyMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentLineItems" xml:lang="en-US">Debt Instrument [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentLineItems" xml:lang="en-US">Debt Instrument [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentLineItems" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentLineItems"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentCollateral" xlink:label="loc_HF4325JKIF32_us-gaap_DebtInstrumentCollateral"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentCollateral" xml:lang="en-US">Debt Instrument, Collateral</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentCollateral" xml:lang="en-US">Collateral</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentCollateral" xml:lang="en-US">Securities sold under an agreement to repurchase, Collateral</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DebtInstrumentCollateral" xlink:to="lab_JH6547LMKH54_us-gaap_DebtInstrumentCollateral"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentInterestRateTerms"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentInterestRateTerms" xml:lang="en-US">Debt Instrument, Interest Rate Terms</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentInterestRateTerms" xml:lang="en-US">Interest Rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentInterestRateTerms" xml:lang="en-US">Securities sold under an agreement to repurchase, Interest Rate</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentInterestRateTerms" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentInterestRateTerms"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentMaturityDateDescription" xlink:label="loc_HF4325JKIF32_us-gaap_DebtInstrumentMaturityDateDescription"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentMaturityDateDescription" xml:lang="en-US">Debt Instrument, Maturity Date, Description</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentMaturityDateDescription" xml:lang="en-US">Maturity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentMaturityDateDescription" xml:lang="en-US">Securities sold under an agreement to repurchase, Maturity</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DebtInstrumentMaturityDateDescription" xlink:to="lab_JH6547LMKH54_us-gaap_DebtInstrumentMaturityDateDescription"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentCarryingAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentCarryingAmount" xml:lang="en-US">Long-Term Debt, Gross</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentCarryingAmount" xml:lang="en-US">Balance Outstanding</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentCarryingAmount" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentCarryingAmount"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityCollateral" xlink:label="loc_HF4325JKIF32_us-gaap_LineOfCreditFacilityCollateral"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityCollateral" xml:lang="en-US">Line Of Credit Facility, Collateral</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityCollateral" xml:lang="en-US">Collateral</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityCollateral" xml:lang="en-US">Line of Credit Facility, Collateral</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityCollateral" xml:lang="en-US">Balance Outstanding</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LineOfCreditFacilityCollateral" xlink:to="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityCollateral"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDescription" xlink:label="loc_5044688112K29H60F50I_us-gaap_LineOfCreditFacilityInterestRateDescription"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_LineOfCreditFacilityInterestRateDescription" xml:lang="en-US">Line Of Credit Facility, Interest Rate Description</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_LineOfCreditFacilityInterestRateDescription" xml:lang="en-US">Interest Rate</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_LineOfCreditFacilityInterestRateDescription" xlink:to="lab_7266800334M41J82H72K_us-gaap_LineOfCreditFacilityInterestRateDescription"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityExpirationDate1" xlink:label="loc_HF4325JKIF32_us-gaap_LineOfCreditFacilityExpirationDate1"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityExpirationDate1" xml:lang="en-US">Line Of Credit Facility, Expiration Date</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityExpirationDate1" xml:lang="en-US">Maturity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityExpirationDate1" xml:lang="en-US">Line of Credit Facility, Expiration Date</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LineOfCreditFacilityExpirationDate1" xlink:to="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityExpirationDate1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="loc_5044688112K29H60F50I_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xml:lang="en-US">Line Of Credit Facility, Remaining Borrowing Capacity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xml:lang="en-US">Available Borrowing Capacity</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:to="lab_7266800334M41J82H72K_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:label="loc_HF4325JKIF32_us-gaap_LineOfCreditFacilityAmountOutstanding"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityAmountOutstanding" xml:lang="en-US">Line Of Credit Facility, Amount Outstanding</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityAmountOutstanding" xml:lang="en-US">Balance Outstanding</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:to="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityAmountOutstanding"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentUnamortizedDiscount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentUnamortizedDiscount" xml:lang="en-US">Debt Instrument, Unamortized Discount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentUnamortizedDiscount" xml:lang="en-US">Debt instrument, unamortized discount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentUnamortizedDiscount" xml:lang="en-US">Discount</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentUnamortizedDiscount" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentUnamortizedDiscount"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_IndemnificationObligationsLiability" xlink:label="loc_HF4325JKIF32_ocn_IndemnificationObligationsLiability"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_IndemnificationObligationsLiability" xml:lang="en-US">Indemnification Obligations Liability</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_IndemnificationObligationsLiability" xml:lang="en-US">Liability for indemnification obligations</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_IndemnificationObligationsLiability" xml:lang="en-US">Represents the liability for indemnification obligations.</label>
<label xlink:type="resource" xlink:label="lab_JH6547LMKH54_ocn_IndemnificationObligationsLiability" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Liability for indemnification obligations</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_IndemnificationObligationsLiability" xlink:to="lab_JH6547LMKH54_ocn_IndemnificationObligationsLiability"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_5044688112K29H60F50I_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xml:lang="en-US">Accrued Expenses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xml:lang="en-US">Accrued expenses</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:to="lab_7266800334M41J82H72K_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionAmountDueToSellerForPurchasePriceAdjustments" xlink:label="loc_HF4325JKIF32_ocn_BusinessAcquisitionAmountDueToSellerForPurchasePriceAdjustments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionAmountDueToSellerForPurchasePriceAdjustments" xml:lang="en-US">Business Acquisition Amount Due To Seller For Purchase Price Adjustments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionAmountDueToSellerForPurchasePriceAdjustments" xml:lang="en-US">Amount due seller for purchase price adjustments - ResCap Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionAmountDueToSellerForPurchasePriceAdjustments" xml:lang="en-US">Represents the amount due to seller in a business combination as a result of purchase price adjustments.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionAmountDueToSellerForPurchasePriceAdjustments" xml:lang="en-US">Amount due seller for purchase price adjustments - ResCap Acquisition</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_BusinessAcquisitionAmountDueToSellerForPurchasePriceAdjustments" xlink:to="lab_JH6547LMKH54_ocn_BusinessAcquisitionAmountDueToSellerForPurchasePriceAdjustments"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ForeclosureLiability" xlink:label="loc_5044688112K29H60F50I_ocn_ForeclosureLiability"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ForeclosureLiability" xml:lang="en-US">Foreclosure Liability</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ForeclosureLiability" xml:lang="en-US">Liability for certain foreclosure matters</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ForeclosureLiability" xml:lang="en-US">Represents the liability for foreclosure matters.</label>
<label xlink:type="resource" xlink:label="lab_7266800334M41J82H72K_ocn_ForeclosureLiability" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Liability for certain foreclosure matters</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ForeclosureLiability" xlink:to="lab_7266800334M41J82H72K_ocn_ForeclosureLiability"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ChecksHeldForEscheat" xlink:label="loc_HF4325JKIF32_ocn_ChecksHeldForEscheat"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ChecksHeldForEscheat" xml:lang="en-US">Checks Held For Escheat</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ChecksHeldForEscheat" xml:lang="en-US">Checks held for escheat</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ChecksHeldForEscheat" xml:lang="en-US">Carrying amount as of the balance sheet date of checks held for escheat.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ChecksHeldForEscheat" xlink:to="lab_JH6547LMKH54_ocn_ChecksHeldForEscheat"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DueToServicingAndSubservicingInvestors" xlink:label="loc_5044688112K29H60F50I_ocn_DueToServicingAndSubservicingInvestors"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DueToServicingAndSubservicingInvestors" xml:lang="en-US">Due To Servicing and Subservicing Investors</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DueToServicingAndSubservicingInvestors" xml:lang="en-US">Payable to servicing and subservicing investors</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DueToServicingAndSubservicingInvestors" xml:lang="en-US">Amounts due to investors in loans that we service under servicing and subservicing agreements.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_DueToServicingAndSubservicingInvestors" xlink:to="lab_7266800334M41J82H72K_ocn_DueToServicingAndSubservicingInvestors"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LiabilityForUncertainTaxPositions" xlink:label="loc_HF4325JKIF32_ocn_LiabilityForUncertainTaxPositions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_LiabilityForUncertainTaxPositions" xml:lang="en-US">Liability For Uncertain Tax Positions</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_LiabilityForUncertainTaxPositions" xml:lang="en-US">Liability for selected tax items</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_LiabilityForUncertainTaxPositions" xml:lang="en-US">The amount recognized for uncertain tax positions as of the balance sheet date.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_LiabilityForUncertainTaxPositions" xlink:to="lab_JH6547LMKH54_ocn_LiabilityForUncertainTaxPositions"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" xlink:label="loc_5044688112K29H60F50I_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" xml:lang="en-US">Due To Related Parties</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" xml:lang="en-US">Due to related parties</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" xlink:to="lab_7266800334M41J82H72K_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingLiabilityAtAmortizedValueBalance" xlink:label="loc_HF4325JKIF32_us-gaap_ServicingLiabilityAtAmortizedValueBalance"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingLiabilityAtAmortizedValueBalance" xml:lang="en-US">Servicing Liabilities (2)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ServicingLiabilityAtAmortizedValueBalance" xml:lang="en-US">Servicing liabilities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ServicingLiabilityAtAmortizedValueBalance" xlink:to="lab_JH6547LMKH54_us-gaap_ServicingLiabilityAtAmortizedValueBalance"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="loc_5044688112K29H60F50I_us-gaap_InterestPayableCurrentAndNoncurrent"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestPayableCurrentAndNoncurrent" xml:lang="en-US">Accrued Interest Payable</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestPayableCurrentAndNoncurrent" xml:lang="en-US">Accrued interest payable</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_InterestPayableCurrentAndNoncurrent" xlink:to="lab_7266800334M41J82H72K_us-gaap_InterestPayableCurrentAndNoncurrent"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="loc_HF4325JKIF32_us-gaap_DerivativeFairValueOfDerivativeLiability"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeFairValueOfDerivativeLiability" xml:lang="en-US">Derivatives, At Fair Value (1)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeFairValueOfDerivativeLiability" xml:lang="en-US">Derivatives, at fair value</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:to="lab_JH6547LMKH54_us-gaap_DerivativeFairValueOfDerivativeLiability"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_5044688112K29H60F50I_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent" xml:lang="en-US">Other Accrued Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent" xml:lang="en-US">Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent" xml:lang="en-US">Other (4)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent" xlink:to="lab_7266800334M41J82H72K_us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PreferredStockRollForward" xlink:label="loc_HF4325JKIF32_ocn_PreferredStockRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_PreferredStockRollForward" xml:lang="en-US">Preferred Stock [Roll Forward]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_PreferredStockRollForward" xml:lang="en-US">Preferred Stock [Roll Forward]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_PreferredStockRollForward" xml:lang="en-US">A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_PreferredStockRollForward" xlink:to="lab_JH6547LMKH54_ocn_PreferredStockRollForward"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockValueOutstanding" xlink:label="loc_5044688112K29H60F50I_us-gaap_PreferredStockValueOutstanding"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockValueOutstanding" xml:lang="en-US">Preferred Stock, Value, Outstanding</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockValueOutstanding" xml:lang="en-US">Preferred Stock, Value, Outstanding</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockValueOutstanding" xml:lang="en-US">Carrying value, beginning balance</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockValueOutstanding" xml:lang="en-US">Carrying value, ending balance</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_PreferredStockValueOutstanding" xlink:to="lab_7266800334M41J82H72K_us-gaap_PreferredStockValueOutstanding"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PreferredStockConvertibleBeneficialConversionFeatureDiscountFeature" xlink:label="loc_HF4325JKIF32_ocn_PreferredStockConvertibleBeneficialConversionFeatureDiscountFeature"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_PreferredStockConvertibleBeneficialConversionFeatureDiscountFeature" xml:lang="en-US">Preferred Stock Convertible Beneficial Conversion Feature Discount Feature</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_PreferredStockConvertibleBeneficialConversionFeatureDiscountFeature" xml:lang="en-US">Discount for beneficial conversion feature</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_PreferredStockConvertibleBeneficialConversionFeatureDiscountFeature" xml:lang="en-US">Represents discount for the intrinsic value of beneficial conversion feature of preferred stock.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_ocn_PreferredStockConvertibleBeneficialConversionFeatureDiscountFeature" xml:lang="en-US">Discount for beneficial conversion feature</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="lab_JH6547LMKH54_ocn_PreferredStockConvertibleBeneficialConversionFeatureDiscountFeature" xml:lang="en-US">Preferred stock, Convertible beneficial conversion feature, Intrinsic value</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_PreferredStockConvertibleBeneficialConversionFeatureDiscountFeature" xlink:to="lab_JH6547LMKH54_ocn_PreferredStockConvertibleBeneficialConversionFeatureDiscountFeature"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PreferredStockAccretionBeneficialConversionFeatureDiscount" xlink:label="loc_5044688112K29H60F50I_ocn_PreferredStockAccretionBeneficialConversionFeatureDiscount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_PreferredStockAccretionBeneficialConversionFeatureDiscount" xml:lang="en-US">Preferred Stock Accretion Beneficial Conversion Feature Discount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_PreferredStockAccretionBeneficialConversionFeatureDiscount" xml:lang="en-US">Accretion of BCF discount (Deemed dividend)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_PreferredStockAccretionBeneficialConversionFeatureDiscount" xml:lang="en-US">Represents the accretion during the period of the discount for the intrinsic value of beneficial conversion feature of preferred stock.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_PreferredStockAccretionBeneficialConversionFeatureDiscount" xlink:to="lab_7266800334M41J82H72K_ocn_PreferredStockAccretionBeneficialConversionFeatureDiscount"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeTable" xlink:label="loc_HF4325JKIF32_us-gaap_DerivativeTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeTable" xml:lang="en-US">Derivative [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeTable" xml:lang="en-US">Derivative [Table]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DerivativeTable" xlink:to="lab_JH6547LMKH54_us-gaap_DerivativeTable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_DerivativeInstrumentRiskAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeInstrumentRiskAxis" xml:lang="en-US">Derivative Instrument Risk [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeInstrumentRiskAxis" xml:lang="en-US">Derivative Instrument Risk [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DerivativeInstrumentRiskAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_DerivativeInstrumentRiskAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="loc_HF4325JKIF32_us-gaap_DerivativeContractTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeContractTypeDomain" xml:lang="en-US">Derivative Contract Type [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeContractTypeDomain" xml:lang="en-US">Derivative Contract Type [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DerivativeContractTypeDomain" xlink:to="lab_JH6547LMKH54_us-gaap_DerivativeContractTypeDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="loc_5044688112K29H60F50I_us-gaap_DerivativeLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeLineItems" xml:lang="en-US">Derivative [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeLineItems" xml:lang="en-US">Derivative [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DerivativeLineItems" xlink:to="lab_7266800334M41J82H72K_us-gaap_DerivativeLineItems"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DerivativeRollForward" xlink:label="loc_HF4325JKIF32_ocn_DerivativeRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DerivativeRollForward" xml:lang="en-US">Derivative Roll Forward</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DerivativeRollForward" xml:lang="en-US">Derivative [Roll Forward]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DerivativeRollForward" xml:lang="en-US">A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DerivativeRollForward" xlink:to="lab_JH6547LMKH54_ocn_DerivativeRollForward"/>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2012/invest-2012-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="loc_5044688112K29H60F50I_invest_DerivativeNotionalAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_invest_DerivativeNotionalAmount" xml:lang="en-US">Derivative, Notional Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_invest_DerivativeNotionalAmount" xml:lang="en-US">Notional Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_7266800334M41J82H72K_invest_DerivativeNotionalAmount" xml:lang="en-US">Notional balance at December 31, 2012</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_7266800334M41J82H72K_invest_DerivativeNotionalAmount" xml:lang="en-US">Notional balance at June 30, 2013</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_invest_DerivativeNotionalAmount" xlink:to="lab_7266800334M41J82H72K_invest_DerivativeNotionalAmount"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DerivativeAdditions" xlink:label="loc_HF4325JKIF32_ocn_DerivativeAdditions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DerivativeAdditions" xml:lang="en-US">Derivative Additions</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DerivativeAdditions" xml:lang="en-US">Additions</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DerivativeAdditions" xml:lang="en-US">Represents an increase in derivative instruments during the period.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DerivativeAdditions" xlink:to="lab_JH6547LMKH54_ocn_DerivativeAdditions"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AmortizationOfDerivative" xlink:label="loc_5044688112K29H60F50I_ocn_AmortizationOfDerivative"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AmortizationOfDerivative" xml:lang="en-US">Amortization Of Derivative</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AmortizationOfDerivative" xml:lang="en-US">Amortization</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AmortizationOfDerivative" xml:lang="en-US">Represents amount for amortization of derivative instruments during the period.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AmortizationOfDerivative" xml:lang="en-US">Amortization</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AmortizationOfDerivative" xlink:to="lab_7266800334M41J82H72K_ocn_AmortizationOfDerivative"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DerivativeMaturities" xlink:label="loc_HF4325JKIF32_ocn_DerivativeMaturities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DerivativeMaturities" xml:lang="en-US">Derivative Maturities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DerivativeMaturities" xml:lang="en-US">Maturities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DerivativeMaturities" xml:lang="en-US">Represents amount for maturities of derivative instruments during the period.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_ocn_DerivativeMaturities" xml:lang="en-US">Maturities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DerivativeMaturities" xlink:to="lab_JH6547LMKH54_ocn_DerivativeMaturities"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DerivativeTerminations" xlink:label="loc_5044688112K29H60F50I_ocn_DerivativeTerminations"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DerivativeTerminations" xml:lang="en-US">Derivative Terminations</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DerivativeTerminations" xml:lang="en-US">Terminations</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DerivativeTerminations" xml:lang="en-US">Represents amount for termination of derivative instruments during the period.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DerivativeTerminations" xml:lang="en-US">Terminations</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_DerivativeTerminations" xlink:to="lab_7266800334M41J82H72K_ocn_DerivativeTerminations"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DerivativeMaturityPeriod" xlink:label="loc_HF4325JKIF32_ocn_DerivativeMaturityPeriod"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DerivativeMaturityPeriod" xml:lang="en-US">Derivative Maturity Period</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DerivativeMaturityPeriod" xml:lang="en-US">Maturity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DerivativeMaturityPeriod" xml:lang="en-US">Represents a maturity period of derivative.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DerivativeMaturityPeriod" xlink:to="lab_JH6547LMKH54_ocn_DerivativeMaturityPeriod"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtMember" xml:lang="en-US">Debt [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtMember" xml:lang="en-US">Debt</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtMember"/>





<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MortgageLoansHeldForSaleAndInterestRateLockCommitmentsMember" xlink:label="loc_5044688112K29H60F50I_ocn_MortgageLoansHeldForSaleAndInterestRateLockCommitmentsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_MortgageLoansHeldForSaleAndInterestRateLockCommitmentsMember" xml:lang="en-US">Mortgage Loans Held For Sale and Interest Rate Lock Commitments [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_MortgageLoansHeldForSaleAndInterestRateLockCommitmentsMember" xml:lang="en-US">Mortgage Loans Held For Sale and Interest Rate Lock Commitments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_MortgageLoansHeldForSaleAndInterestRateLockCommitmentsMember" xml:lang="en-US">Represents mortgage loans held for sale and interest rate lock commitments.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_MortgageLoansHeldForSaleAndInterestRateLockCommitmentsMember" xlink:to="lab_7266800334M41J82H72K_ocn_MortgageLoansHeldForSaleAndInterestRateLockCommitmentsMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_HedgeEffectsOfChangeInMlOnAdvanceFundingFacilityMember" xlink:label="loc_HF4325JKIF32_ocn_HedgeEffectsOfChangeInMlOnAdvanceFundingFacilityMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_HedgeEffectsOfChangeInMlOnAdvanceFundingFacilityMember" xml:lang="en-US">Hedge Effects Of Change In Ml On Advance Funding Facility [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_HedgeEffectsOfChangeInMlOnAdvanceFundingFacilityMember" xml:lang="en-US">Hedge the effects of a change in 1ML on borrowing under an advance funding facility</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_HedgeEffectsOfChangeInMlOnAdvanceFundingFacilityMember" xml:lang="en-US">Represents the hedge the effects of a change in 1ML on advance funding facility.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_HedgeEffectsOfChangeInMlOnAdvanceFundingFacilityMember" xlink:to="lab_JH6547LMKH54_ocn_HedgeEffectsOfChangeInMlOnAdvanceFundingFacilityMember"/>















<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="loc_HF4325JKIF32_us-gaap_HedgingDesignationAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_HedgingDesignationAxis" xml:lang="en-US">Hedging Designation [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_HedgingDesignationAxis" xml:lang="en-US">Hedging Designation [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_HedgingDesignationAxis" xlink:to="lab_JH6547LMKH54_us-gaap_HedgingDesignationAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="loc_5044688112K29H60F50I_us-gaap_HedgingDesignationDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_HedgingDesignationDomain" xml:lang="en-US">Hedging Designation [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_HedgingDesignationDomain" xml:lang="en-US">Hedging Designation [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_HedgingDesignationDomain" xlink:to="lab_7266800334M41J82H72K_us-gaap_HedgingDesignationDomain"/>




<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_NondesignatedMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NondesignatedMember" xml:lang="en-US">Not Designated As Hedging Instrument [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NondesignatedMember" xml:lang="en-US">Not designated as qualifying hedges</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NondesignatedMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_NondesignatedMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_InterestRateDerivativesExpirationDate" xlink:label="loc_HF4325JKIF32_ocn_InterestRateDerivativesExpirationDate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_InterestRateDerivativesExpirationDate" xml:lang="en-US">Interest Rate Derivatives Expiration Date</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_InterestRateDerivativesExpirationDate" xml:lang="en-US">Expiration Date</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_InterestRateDerivativesExpirationDate" xml:lang="en-US">Represents the expiration date of interest rate derivatives.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_InterestRateDerivativesExpirationDate" xlink:to="lab_JH6547LMKH54_ocn_InterestRateDerivativesExpirationDate"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NotionalAmountOfInterestRateDerivatives" xlink:label="loc_5044688112K29H60F50I_us-gaap_NotionalAmountOfInterestRateDerivatives"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_NotionalAmountOfInterestRateDerivatives" xml:lang="en-US">Notional Amount Of Interest Rate Derivatives</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_NotionalAmountOfInterestRateDerivatives" xml:lang="en-US">Notional Amount</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_NotionalAmountOfInterestRateDerivatives" xlink:to="lab_7266800334M41J82H72K_us-gaap_NotionalAmountOfInterestRateDerivatives"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestRateDerivativesAtFairValueNet" xlink:label="loc_HF4325JKIF32_us-gaap_InterestRateDerivativesAtFairValueNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_InterestRateDerivativesAtFairValueNet" xml:lang="en-US">Interest Rate Derivatives, At Fair Value, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_InterestRateDerivativesAtFairValueNet" xml:lang="en-US">Fair Value</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_InterestRateDerivativesAtFairValueNet" xlink:to="lab_JH6547LMKH54_us-gaap_InterestRateDerivativesAtFairValueNet"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeOnIncomeStatement" xlink:label="loc_5044688112K29H60F50I_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeOnIncomeStatement"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeOnIncomeStatement" xml:lang="en-US">Description Of Location Of Gain (Loss) On Interest Rate Derivative On Income Statement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeOnIncomeStatement" xml:lang="en-US">Consolidated Statement of Operations Caption</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeOnIncomeStatement" xlink:to="lab_7266800334M41J82H72K_us-gaap_DescriptionOfLocationOfGainLossOnInterestRateDerivativeOnIncomeStatement"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ChangesInLossesOnCashFlowHedgesIncludedInAoclRollForward" xlink:label="loc_HF4325JKIF32_ocn_ChangesInLossesOnCashFlowHedgesIncludedInAoclRollForward"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ChangesInLossesOnCashFlowHedgesIncludedInAoclRollForward" xml:lang="en-US">Changes In Losses On Cash Flow Hedges Included In Aocl [Roll Forward]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ChangesInLossesOnCashFlowHedgesIncludedInAoclRollForward" xml:lang="en-US">A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ChangesInLossesOnCashFlowHedgesIncludedInAoclRollForward" xlink:to="lab_JH6547LMKH54_ocn_ChangesInLossesOnCashFlowHedgesIncludedInAoclRollForward"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax" xlink:label="loc_5044688112K29H60F50I_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax" xml:lang="en-US">Accumulated losses on cash flow hedges at December 31 , 2012</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax" xml:lang="en-US">Accumulated losses on cash flow hedges at December 31, 2012</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax" xml:lang="en-US">Accumulated losses on cash flow hedges at June 30, 2013</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax" xlink:to="lab_7266800334M41J82H72K_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdditionalNetLossesOnCashFlowHedges" xlink:label="loc_HF4325JKIF32_ocn_AdditionalNetLossesOnCashFlowHedges"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AdditionalNetLossesOnCashFlowHedges" xml:lang="en-US">Additional Net Losses On Cash Flow Hedges</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AdditionalNetLossesOnCashFlowHedges" xml:lang="en-US">Additional net losses on cash flow hedges</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AdditionalNetLossesOnCashFlowHedges" xml:lang="en-US">Represents the additional net losses on cash flow hedges.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AdditionalNetLossesOnCashFlowHedges" xlink:to="lab_JH6547LMKH54_ocn_AdditionalNetLossesOnCashFlowHedges"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness" xlink:label="loc_5044688112K29H60F50I_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness" xml:lang="en-US">Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness" xml:lang="en-US">Ineffectiveness of cash flow hedges reclassified to earnings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness" xml:lang="en-US">Ineffectiveness of cash flow hedges</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness" xlink:to="lab_7266800334M41J82H72K_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LossesOnTerminatedHedgingRelationshipsAmortizedToEarnings" xlink:label="loc_HF4325JKIF32_ocn_LossesOnTerminatedHedgingRelationshipsAmortizedToEarnings"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_LossesOnTerminatedHedgingRelationshipsAmortizedToEarnings" xml:lang="en-US">Losses On Terminated Hedging Relationships Amortized To Earnings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_LossesOnTerminatedHedgingRelationshipsAmortizedToEarnings" xml:lang="en-US">Losses on terminated hedging relationships amortized to earnings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_LossesOnTerminatedHedgingRelationshipsAmortizedToEarnings" xml:lang="en-US">Represents the amount of losses on terminated hedging relationships amortized to earnings.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_LossesOnTerminatedHedgingRelationshipsAmortizedToEarnings" xlink:to="lab_JH6547LMKH54_ocn_LossesOnTerminatedHedgingRelationshipsAmortizedToEarnings"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_IncomeStatementLocationAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeStatementLocationAxis" xml:lang="en-US">Income Statement Location [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeStatementLocationAxis" xml:lang="en-US">Income Statement Location [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_IncomeStatementLocationAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_IncomeStatementLocationAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="loc_HF4325JKIF32_us-gaap_IncomeStatementLocationDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_IncomeStatementLocationDomain" xml:lang="en-US">Income Statement Location [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_IncomeStatementLocationDomain" xml:lang="en-US">Income Statement Location [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_IncomeStatementLocationDomain" xlink:to="lab_JH6547LMKH54_us-gaap_IncomeStatementLocationDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAndOriginationExpenseMember" xlink:label="loc_5044688112K29H60F50I_ocn_ServicingAndOriginationExpenseMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAndOriginationExpenseMember" xml:lang="en-US">Servicing and Origination Expense [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAndOriginationExpenseMember" xml:lang="en-US">Servicing and origination expense</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAndOriginationExpenseMember" xml:lang="en-US">Represents servicing and origination expense.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ServicingAndOriginationExpenseMember" xlink:to="lab_7266800334M41J82H72K_ocn_ServicingAndOriginationExpenseMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LossOnLoansHeldForResaleNetMember" xlink:label="loc_HF4325JKIF32_ocn_LossOnLoansHeldForResaleNetMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_LossOnLoansHeldForResaleNetMember" xml:lang="en-US">Loss On Loans Held For Resale Net [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_LossOnLoansHeldForResaleNetMember" xml:lang="en-US">Loss on loans held for resale, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_LossOnLoansHeldForResaleNetMember" xml:lang="en-US">Represents loss on loans held for resale, net.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_LossOnLoansHeldForResaleNetMember" xlink:to="lab_JH6547LMKH54_ocn_LossOnLoansHeldForResaleNetMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OtherNetMember" xlink:label="loc_5044688112K29H60F50I_ocn_OtherNetMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_OtherNetMember" xml:lang="en-US">Other Net [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OtherNetMember" xml:lang="en-US">Other, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_OtherNetMember" xml:lang="en-US">Represents other net not defined elsewhere.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_OtherNetMember" xlink:to="lab_7266800334M41J82H72K_ocn_OtherNetMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments" xlink:label="loc_HF4325JKIF32_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments" xml:lang="en-US">Gain (Loss) On Interest Rate Derivative Instruments Not Designated As Hedging Instruments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments" xml:lang="en-US">Gains (losses) on economic hedges</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments" xml:lang="en-US">Gains (losses) on economic hedges</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments" xlink:to="lab_JH6547LMKH54_us-gaap_GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AmortizationOfDeferredHedgeGains" xlink:label="loc_5044688112K29H60F50I_us-gaap_AmortizationOfDeferredHedgeGains"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AmortizationOfDeferredHedgeGains" xml:lang="en-US">Amortization Of Deferred Hedge Gains</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AmortizationOfDeferredHedgeGains" xml:lang="en-US">Write-off of losses in AOCL for a discontinued hedge relationship</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AmortizationOfDeferredHedgeGains" xml:lang="en-US">Write-off of losses in AOCL for a discontinued hedge (2)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AmortizationOfDeferredHedgeGains" xlink:to="lab_7266800334M41J82H72K_us-gaap_AmortizationOfDeferredHedgeGains"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurring" xlink:label="loc_HF4325JKIF32_us-gaap_LossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurring"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_LossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurring" xml:lang="en-US">Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurring" xml:lang="en-US">Write-off of losses in AOCL for hedge of a financing facility assumed by HLSS (See 0 -Transfers of Financial Assets)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurring" xml:lang="en-US">Write-off of losses in AOCL for the hedge of a financing facility assumed by HLSS (See Note 4)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurring" xlink:to="lab_JH6547LMKH54_us-gaap_LossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurring"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="loc_5044688112K29H60F50I_us-gaap_DerivativeGainLossOnDerivativeNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeGainLossOnDerivativeNet" xml:lang="en-US">Derivative, Gain (Loss) On Derivative, Net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeGainLossOnDerivativeNet" xml:lang="en-US">Derivative, gain (loss) on derivative, net</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeGainLossOnDerivativeNet" xml:lang="en-US"></label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DerivativeGainLossOnDerivativeNet" xlink:to="lab_7266800334M41J82H72K_us-gaap_DerivativeGainLossOnDerivativeNet"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_InterestExpenseByCategoryOfInterestBearingLiabilityAxis" xlink:label="loc_HF4325JKIF32_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityAxis" xml:lang="en-US">Interest Expense By Category Of Interest Bearing Liability [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityAxis" xml:lang="en-US">Interest Expense By Category Of Interest Bearing Liability [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityAxis" xml:lang="en-US">Interest Expense By Category Of Interest Bearing Liability [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityAxis" xml:lang="en-US">Interest expense categorized by type of interest-bearing liability.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityAxis" xlink:to="lab_JH6547LMKH54_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityAxis"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_InterestExpenseByCategoryOfInterestBearingLiabilityDomain" xlink:label="loc_5044688112K29H60F50I_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityDomain" xml:lang="en-US">Interest Expense By Category Of Interest Bearing Liability [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityDomain" xml:lang="en-US">InterestExpenseByCategoryOfInterestBearingLiability [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityDomain" xlink:to="lab_7266800334M41J82H72K_ocn_InterestExpenseByCategoryOfInterestBearingLiabilityDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MatchFundedLiabilitiesMember" xlink:label="loc_HF4325JKIF32_ocn_MatchFundedLiabilitiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedLiabilitiesMember" xml:lang="en-US">Match Funded Liabilities Member</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedLiabilitiesMember" xml:lang="en-US">Match Funded Liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MatchFundedLiabilitiesMember" xml:lang="en-US">Specific interest-bearing liability.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MatchFundedLiabilitiesMember" xlink:to="lab_JH6547LMKH54_ocn_MatchFundedLiabilitiesMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OtherBorrowingsMember" xlink:label="loc_5044688112K29H60F50I_ocn_OtherBorrowingsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_OtherBorrowingsMember" xml:lang="en-US">Other Borrowings [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OtherBorrowingsMember" xml:lang="en-US">Other Borrowings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_OtherBorrowingsMember" xml:lang="en-US">Represents aggregate of other miscellaneous borrowings owed by the reporting entity.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_OtherBorrowingsMember" xlink:to="lab_7266800334M41J82H72K_ocn_OtherBorrowingsMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DebtSecuritiesConvertibleNotesMember" xlink:label="loc_HF4325JKIF32_ocn_DebtSecuritiesConvertibleNotesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DebtSecuritiesConvertibleNotesMember" xml:lang="en-US">Debt Securities Convertible Notes [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_DebtSecuritiesConvertibleNotesMember" xml:lang="en-US">Debt Securities Convertible Notes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DebtSecuritiesConvertibleNotesMember" xml:lang="en-US">Specific interest-bearing liability.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DebtSecuritiesConvertibleNotesMember" xlink:to="lab_JH6547LMKH54_ocn_DebtSecuritiesConvertibleNotesMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DebtSecuritiesCapitalTrustSecuritiesMember" xlink:label="loc_5044688112K29H60F50I_ocn_DebtSecuritiesCapitalTrustSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DebtSecuritiesCapitalTrustSecuritiesMember" xml:lang="en-US">Debt Securities Capital Trust Securities [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DebtSecuritiesCapitalTrustSecuritiesMember" xml:lang="en-US">Debt Securities Capital Trust Securities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_DebtSecuritiesCapitalTrustSecuritiesMember" xml:lang="en-US">Specific borrowing type.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_DebtSecuritiesCapitalTrustSecuritiesMember" xlink:to="lab_7266800334M41J82H72K_ocn_DebtSecuritiesCapitalTrustSecuritiesMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OtherInterestExpenseMember" xlink:label="loc_HF4325JKIF32_ocn_OtherInterestExpenseMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_OtherInterestExpenseMember" xml:lang="en-US">Other Interest Expense [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_OtherInterestExpenseMember" xml:lang="en-US">Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_OtherInterestExpenseMember" xml:lang="en-US">Other interest expense not previously categorized.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_OtherInterestExpenseMember" xlink:to="lab_JH6547LMKH54_ocn_OtherInterestExpenseMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DebtSecuritiesAbstract" xlink:label="loc_5044688112K29H60F50I_ocn_DebtSecuritiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_DebtSecuritiesAbstract" xml:lang="en-US">Debt Securities [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DebtSecuritiesAbstract" xml:lang="en-US">Debt securities:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_DebtSecuritiesAbstract" xml:lang="en-US">Debt securities:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_DebtSecuritiesAbstract" xlink:to="lab_7266800334M41J82H72K_ocn_DebtSecuritiesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_EarningsPerShareBasicAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_EarningsPerShareBasicAbstract" xml:lang="en-US">Earnings Per Share, Basic [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_EarningsPerShareBasicAbstract" xml:lang="en-US">Basic EPS:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_EarningsPerShareBasicAbstract" xml:lang="en-US">Basic EPS:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_EarningsPerShareBasicAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_EarningsPerShareBasicAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_EarningsPerShareDilutedAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareDilutedAbstract" xml:lang="en-US">Earnings Per Share, Diluted [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareDilutedAbstract" xml:lang="en-US">Diluted EPS:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareDilutedAbstract" xml:lang="en-US">Diluted EPS:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_EarningsPerShareDilutedAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_EarningsPerShareDilutedAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockDividendsAndOtherAdjustments" xlink:label="loc_HF4325JKIF32_us-gaap_PreferredStockDividendsAndOtherAdjustments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PreferredStockDividendsAndOtherAdjustments" xml:lang="en-US">Preferred Stock Dividends and Other Adjustments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PreferredStockDividendsAndOtherAdjustments" xml:lang="en-US">Preferred stock dividends</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PreferredStockDividendsAndOtherAdjustments" xml:lang="en-US">Preferred stock dividends</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PreferredStockDividendsAndOtherAdjustments" xlink:to="lab_JH6547LMKH54_us-gaap_PreferredStockDividendsAndOtherAdjustments"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentConvertibleInterestExpense" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentConvertibleInterestExpense"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentConvertibleInterestExpense" xml:lang="en-US">Interest Expense On Convertible Notes, Net Of Tax (1) (In Dollars)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentConvertibleInterestExpense" xml:lang="en-US">Interest expense on Convertible Notes, net of tax (in dollars)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentConvertibleInterestExpense" xml:lang="en-US">Interest expense on Convertible Notes, net of income tax (in dollars)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentConvertibleInterestExpense" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentConvertibleInterestExpense"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLossAttributableToParentDiluted" xlink:label="loc_HF4325JKIF32_us-gaap_NetIncomeLossAttributableToParentDiluted"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_NetIncomeLossAttributableToParentDiluted" xml:lang="en-US">Adjusted Net Income Attributable To Ocwen Financial Corporation (In Dollars)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NetIncomeLossAttributableToParentDiluted" xml:lang="en-US">Adjusted net income attributable to Ocwen Financial Corporation (in dollars)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_JH6547LMKH54_us-gaap_NetIncomeLossAttributableToParentDiluted" xml:lang="en-US">Adjusted net income attributable to Ocwen (in dollars)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_NetIncomeLossAttributableToParentDiluted" xlink:to="lab_JH6547LMKH54_us-gaap_NetIncomeLossAttributableToParentDiluted"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract" xlink:label="loc_5044688112K29H60F50I_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract" xml:lang="en-US">Weighted Average Number Diluted Shares Outstanding Adjustment [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract" xml:lang="en-US">Effect of dilutive elements:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract" xml:lang="en-US">Effect of dilutive elements:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract" xlink:to="lab_7266800334M41J82H72K_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock" xlink:label="loc_HF4325JKIF32_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock" xml:lang="en-US">Incremental Common Shares Attributable To Conversion Of Preferred Stock</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock" xml:lang="en-US">Preferred Shares</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock" xlink:to="lab_JH6547LMKH54_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities" xlink:label="loc_5044688112K29H60F50I_us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities" xml:lang="en-US">Incremental Common Shares Attributable To Conversion Of Debt Securities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities" xml:lang="en-US">Convertible Notes</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities" xlink:to="lab_7266800334M41J82H72K_us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="loc_HF4325JKIF32_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xml:lang="en-US">Incremental Common Shares Attributable To Share-Based Payment Arrangements</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xml:lang="en-US">Stock options</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:to="lab_JH6547LMKH54_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_IncrementalCommonSharesAttributableToCommonStockAwards" xlink:label="loc_5044688112K29H60F50I_ocn_IncrementalCommonSharesAttributableToCommonStockAwards"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_IncrementalCommonSharesAttributableToCommonStockAwards" xml:lang="en-US">Incremental Common Shares Attributable To Common Stock Awards</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_IncrementalCommonSharesAttributableToCommonStockAwards" xml:lang="en-US">Common stock awards</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_IncrementalCommonSharesAttributableToCommonStockAwards" xml:lang="en-US">Represents additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of common stock awards.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_IncrementalCommonSharesAttributableToCommonStockAwards" xlink:to="lab_7266800334M41J82H72K_ocn_IncrementalCommonSharesAttributableToCommonStockAwards"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_StockOptionsExcludedFromDilutedEpsComputationAbstract" xlink:label="loc_HF4325JKIF32_ocn_StockOptionsExcludedFromDilutedEpsComputationAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_StockOptionsExcludedFromDilutedEpsComputationAbstract" xml:lang="en-US">Stock Options Excluded From Diluted Eps Computation [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_StockOptionsExcludedFromDilutedEpsComputationAbstract" xml:lang="en-US">Stock options excluded from diluted EPS computation:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_StockOptionsExcludedFromDilutedEpsComputationAbstract" xml:lang="en-US">Stock options excluded from the computation of diluted EPS:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_StockOptionsExcludedFromDilutedEpsComputationAbstract" xlink:to="lab_JH6547LMKH54_ocn_StockOptionsExcludedFromDilutedEpsComputationAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="loc_5044688112K29H60F50I_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xml:lang="en-US">Antidilutive Securities Excluded From Computation Of Earnings Per Share, Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xml:lang="en-US">Anti-dilutive</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:to="lab_7266800334M41J82H72K_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MarketBasedSecuritiesExcludedFromComputationOfEarningsPerShare" xlink:label="loc_HF4325JKIF32_ocn_MarketBasedSecuritiesExcludedFromComputationOfEarningsPerShare"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MarketBasedSecuritiesExcludedFromComputationOfEarningsPerShare" xml:lang="en-US">Market Based Securities Excluded From Computation Of Earnings Per Share</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MarketBasedSecuritiesExcludedFromComputationOfEarningsPerShare" xml:lang="en-US">Market-based</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MarketBasedSecuritiesExcludedFromComputationOfEarningsPerShare" xml:lang="en-US">Shares issuable under market condition option awards that have been excluded from the computation of EPS because the vesting criteria for those awards had not yet been met.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MarketBasedSecuritiesExcludedFromComputationOfEarningsPerShare" xlink:to="lab_JH6547LMKH54_ocn_MarketBasedSecuritiesExcludedFromComputationOfEarningsPerShare"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IntersegmentEliminationMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_IntersegmentEliminationMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_IntersegmentEliminationMember" xml:lang="en-US">Intersegment Elimination [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IntersegmentEliminationMember" xml:lang="en-US">Corporate Eliminations</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_IntersegmentEliminationMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_IntersegmentEliminationMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessSegmentsConsolidatedMember" xlink:label="loc_HF4325JKIF32_ocn_BusinessSegmentsConsolidatedMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_BusinessSegmentsConsolidatedMember" xml:lang="en-US">Business Segments Consolidated [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_BusinessSegmentsConsolidatedMember" xml:lang="en-US">Business Segments Consolidated</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_BusinessSegmentsConsolidatedMember" xml:lang="en-US">Aggregate of business segments.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_BusinessSegmentsConsolidatedMember" xlink:to="lab_JH6547LMKH54_ocn_BusinessSegmentsConsolidatedMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperations" xlink:label="loc_5044688112K29H60F50I_us-gaap_IncomeLossFromContinuingOperations"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeLossFromContinuingOperations" xml:lang="en-US">Income (Loss) From Continuing Operations Attributable To Parent</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeLossFromContinuingOperations" xml:lang="en-US">Income (loss) from operations</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeLossFromContinuingOperations" xml:lang="en-US">Income (loss) from operations</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_IncomeLossFromContinuingOperations" xlink:to="lab_7266800334M41J82H72K_us-gaap_IncomeLossFromContinuingOperations"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OtherIncomeExpenseNetAbstract" xlink:label="loc_HF4325JKIF32_ocn_OtherIncomeExpenseNetAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_OtherIncomeExpenseNetAbstract" xml:lang="en-US">Other Income (Expense), Net [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_OtherIncomeExpenseNetAbstract" xml:lang="en-US">Other income (expense), net:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_OtherIncomeExpenseNetAbstract" xml:lang="en-US">Other income (expense), net:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_OtherIncomeExpenseNetAbstract" xlink:to="lab_JH6547LMKH54_ocn_OtherIncomeExpenseNetAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestIncomeOperating" xlink:label="loc_5044688112K29H60F50I_us-gaap_InterestIncomeOperating"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestIncomeOperating" xml:lang="en-US">Interest Income, Operating</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestIncomeOperating" xml:lang="en-US">Interest income</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_InterestIncomeOperating" xml:lang="en-US">Interest income</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_InterestIncomeOperating" xlink:to="lab_7266800334M41J82H72K_us-gaap_InterestIncomeOperating"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherNoncashIncome" xlink:label="loc_HF4325JKIF32_us-gaap_OtherNoncashIncome"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_OtherNoncashIncome" xml:lang="en-US">Other Noncash Income</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherNoncashIncome" xml:lang="en-US">Other</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherNoncashIncome" xml:lang="en-US">Other</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_OtherNoncashIncome" xlink:to="lab_JH6547LMKH54_us-gaap_OtherNoncashIncome"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="loc_5044688112K29H60F50I_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xml:lang="en-US">Income (Loss) From Continuing Operations Before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xml:lang="en-US">Income (loss) before income taxes</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xml:lang="en-US">Income (loss) before income taxes</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:to="lab_7266800334M41J82H72K_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_TotalAssetsAbstract" xlink:label="loc_HF4325JKIF32_ocn_TotalAssetsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_TotalAssetsAbstract" xml:lang="en-US">Total Assets [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_TotalAssetsAbstract" xml:lang="en-US">Total Assets</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_TotalAssetsAbstract" xml:lang="en-US">Total Assets</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_TotalAssetsAbstract" xlink:to="lab_JH6547LMKH54_ocn_TotalAssetsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_StatementOperatingActivitiesSegmentAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_StatementOperatingActivitiesSegmentAxis" xml:lang="en-US">Statement, Operating Activities Segment [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StatementOperatingActivitiesSegmentAxis" xml:lang="en-US">Statement, Operating Activities Segment [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_StatementOperatingActivitiesSegmentAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="loc_HF4325JKIF32_us-gaap_SegmentOperatingActivitiesDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_SegmentOperatingActivitiesDomain" xml:lang="en-US">Segment, Operating Activities [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_SegmentOperatingActivitiesDomain" xml:lang="en-US">Segment, Operating Activities [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_SegmentOperatingActivitiesDomain" xlink:to="lab_JH6547LMKH54_us-gaap_SegmentOperatingActivitiesDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Depreciation" xlink:label="loc_5044688112K29H60F50I_us-gaap_Depreciation"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_Depreciation" xml:lang="en-US">Depreciation Expense</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_Depreciation" xml:lang="en-US">Depreciation expense</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_Depreciation" xlink:to="lab_7266800334M41J82H72K_us-gaap_Depreciation"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AffiliatedEntityAMember" xlink:label="loc_HF4325JKIF32_ocn_AffiliatedEntityAMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AffiliatedEntityAMember" xml:lang="en-US">Affiliated Entity A [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_AffiliatedEntityAMember" xml:lang="en-US">Altisource</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AffiliatedEntityAMember" xml:lang="en-US">Altisource</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AffiliatedEntityAMember" xml:lang="en-US">An affiliate is a party that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with the entity.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AffiliatedEntityAMember" xlink:to="lab_JH6547LMKH54_ocn_AffiliatedEntityAMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AffiliatedEntityHMember" xlink:label="loc_5044688112K29H60F50I_ocn_AffiliatedEntityHMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AffiliatedEntityHMember" xml:lang="en-US">Affiliated Entity H [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AffiliatedEntityHMember" xml:lang="en-US">Affiliated Entity H [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AffiliatedEntityHMember" xml:lang="en-US">HLSS</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AffiliatedEntityHMember" xml:lang="en-US">An affiliate is a party that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with the entity.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AffiliatedEntityHMember" xlink:to="lab_7266800334M41J82H72K_ocn_AffiliatedEntityHMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_RevenuesAndExpensesAbstract" xlink:label="loc_HF4325JKIF32_ocn_RevenuesAndExpensesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_RevenuesAndExpensesAbstract" xml:lang="en-US">Revenues and Expenses [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_RevenuesAndExpensesAbstract" xml:lang="en-US">Revenues and Expenses:</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_RevenuesAndExpensesAbstract" xml:lang="en-US">Revenues and Expenses:</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_RevenuesAndExpensesAbstract" xlink:to="lab_JH6547LMKH54_ocn_RevenuesAndExpensesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenueFromRelatedParties" xlink:label="loc_5044688112K29H60F50I_us-gaap_RevenueFromRelatedParties"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_RevenueFromRelatedParties" xml:lang="en-US">Revenue From Related Parties</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RevenueFromRelatedParties" xml:lang="en-US">Revenues</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RevenueFromRelatedParties" xml:lang="en-US">Revenues</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_RevenueFromRelatedParties" xlink:to="lab_7266800334M41J82H72K_us-gaap_RevenueFromRelatedParties"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty" xlink:label="loc_HF4325JKIF32_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty" xml:lang="en-US">Related Party Transaction, Expenses From Transactions With Related Party</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty" xml:lang="en-US">Expenses</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty" xml:lang="en-US">Expenses</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty" xlink:to="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AltisourcePortfolioSolutionsSaMember" xlink:label="loc_5044688112K29H60F50I_ocn_AltisourcePortfolioSolutionsSaMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AltisourcePortfolioSolutionsSaMember" xml:lang="en-US">Altisource Portfolio Solutions Sa [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AltisourcePortfolioSolutionsSaMember" xml:lang="en-US">Altisource</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AltisourcePortfolioSolutionsSaMember" xml:lang="en-US">Altisource</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AltisourcePortfolioSolutionsSaMember" xml:lang="en-US">Represents the information regarding Altisource Portfolio Solutions SA.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AltisourcePortfolioSolutionsSaMember" xlink:to="lab_7266800334M41J82H72K_ocn_AltisourcePortfolioSolutionsSaMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionDueFromToRelatedPartyAbstract" xlink:label="loc_HF4325JKIF32_us-gaap_RelatedPartyTransactionDueFromToRelatedPartyAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionDueFromToRelatedPartyAbstract" xml:lang="en-US">Related Party Transaction, Due From (To) Related Party [Abstract]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionDueFromToRelatedPartyAbstract" xml:lang="en-US">Net Payable</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionDueFromToRelatedPartyAbstract" xml:lang="en-US">Net Receivable (Payable)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_RelatedPartyTransactionDueFromToRelatedPartyAbstract" xlink:to="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionDueFromToRelatedPartyAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionDueFromToRelatedParty" xlink:label="loc_5044688112K29H60F50I_us-gaap_RelatedPartyTransactionDueFromToRelatedParty"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionDueFromToRelatedParty" xml:lang="en-US">Related Party Transaction, Due From (To) Related Party</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionDueFromToRelatedParty" xml:lang="en-US">Net Payable</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionDueFromToRelatedParty" xml:lang="en-US">Net Receivable (Payable)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_RelatedPartyTransactionDueFromToRelatedParty" xlink:to="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionDueFromToRelatedParty"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AccountingPolicyTable" xlink:label="loc_HF4325JKIF32_ocn_AccountingPolicyTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AccountingPolicyTable" xml:lang="en-US">Accounting Policy [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AccountingPolicyTable" xml:lang="en-US">Accounting Policy [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AccountingPolicyTable" xml:lang="en-US">Schedule reflecting significant accounting policies of the reporting entity.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AccountingPolicyTable" xlink:to="lab_JH6547LMKH54_ocn_AccountingPolicyTable"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ReclassificationAxis" xlink:label="loc_5044688112K29H60F50I_ocn_ReclassificationAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ReclassificationAxis" xml:lang="en-US">Reclassification [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ReclassificationAxis" xml:lang="en-US">Reclassification [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ReclassificationAxis" xml:lang="en-US">Information by reclassification made to prior period financial statement amounts.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ReclassificationAxis" xlink:to="lab_7266800334M41J82H72K_ocn_ReclassificationAxis"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ReclassificationDomain" xlink:label="loc_HF4325JKIF32_ocn_ReclassificationDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ReclassificationDomain" xml:lang="en-US">Reclassification [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ReclassificationDomain" xml:lang="en-US">Reclassification [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ReclassificationDomain" xml:lang="en-US">Information by reclassification made to prior period financial statement amounts.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ReclassificationDomain" xlink:to="lab_JH6547LMKH54_ocn_ReclassificationDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ReclassificationMember" xlink:label="loc_5044688112K29H60F50I_ocn_ReclassificationMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ReclassificationMember" xml:lang="en-US">Reclassification [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ReclassificationMember" xml:lang="en-US">Reclassification</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ReclassificationMember" xml:lang="en-US">Represents reclassification made to prior period financial statement amounts.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ReclassificationMember" xlink:to="lab_7266800334M41J82H72K_ocn_ReclassificationMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherIncomeMember" xlink:label="loc_HF4325JKIF32_us-gaap_OtherIncomeMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_OtherIncomeMember" xml:lang="en-US">Other Income [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_OtherIncomeMember" xml:lang="en-US">Other Income</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_OtherIncomeMember" xlink:to="lab_JH6547LMKH54_us-gaap_OtherIncomeMember"/>




















<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AccountingPolicyLineItems" xlink:label="loc_5044688112K29H60F50I_ocn_AccountingPolicyLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AccountingPolicyLineItems" xml:lang="en-US">Accounting Policy [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AccountingPolicyLineItems" xml:lang="en-US">Accounting Policy [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AccountingPolicyLineItems" xml:lang="en-US">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AccountingPolicyLineItems" xlink:to="lab_7266800334M41J82H72K_ocn_AccountingPolicyLineItems"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired" xml:lang="en-US">Business Acquisition, Percentage Of Voting Interests Acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired" xml:lang="en-US">Ownership percentage</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired" xml:lang="en-US">Business acquisition, percentage of voting interests acquired</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ProcessManagementFees" xlink:label="loc_5044688112K29H60F50I_ocn_ProcessManagementFees"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ProcessManagementFees" xml:lang="en-US">Process Management Fees</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ProcessManagementFees" xml:lang="en-US">Process management fees</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ProcessManagementFees" xml:lang="en-US">Revenue recognized during the period for referral commissions from brokers on sales of foreclosed real estate properties and earned in connection with the preparation of foreclosure and similar documents on loans that have defaulted and also includes fees from lending activities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ProcessManagementFees" xlink:to="lab_7266800334M41J82H72K_ocn_ProcessManagementFees"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_VariableInterestEntitiesAbstract" xlink:label="loc_HF4325JKIF32_ocn_VariableInterestEntitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_VariableInterestEntitiesAbstract" xml:lang="en-US">Variable Interest Entities [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_VariableInterestEntitiesAbstract" xlink:to="lab_JH6547LMKH54_ocn_VariableInterestEntitiesAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_VariableInterestEntityNumberOfEntitiesPrimaryBeneficiary" xlink:label="loc_5044688112K29H60F50I_ocn_VariableInterestEntityNumberOfEntitiesPrimaryBeneficiary"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_VariableInterestEntityNumberOfEntitiesPrimaryBeneficiary" xml:lang="en-US">Variable Interest Entity Number Of Entities Primary Beneficiary</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_VariableInterestEntityNumberOfEntitiesPrimaryBeneficiary" xml:lang="en-US">Beneficial interests held in number of trust</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_VariableInterestEntityNumberOfEntitiesPrimaryBeneficiary" xml:lang="en-US">Number of Variable Interest Entities (VIE) or potential VIEs for which the necessary information is obtained to perform the analysis required to determine that it (the reporting entity) is the primary beneficiary and to consolidate the VIE.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_VariableInterestEntityNumberOfEntitiesPrimaryBeneficiary" xlink:to="lab_7266800334M41J82H72K_ocn_VariableInterestEntityNumberOfEntitiesPrimaryBeneficiary"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis" xlink:label="loc_HF4325JKIF32_us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis" xml:lang="en-US">Significant Acquisitions and Disposals By Transaction [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis" xml:lang="en-US">Significant Acquisitions and Disposals by Transaction [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis" xlink:to="lab_JH6547LMKH54_us-gaap_SignificantAcquisitionsAndDisposalsByTransactionAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SignificantAcquisitionsAndDisposalsTransactionDomain" xlink:label="loc_5044688112K29H60F50I_us-gaap_SignificantAcquisitionsAndDisposalsTransactionDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SignificantAcquisitionsAndDisposalsTransactionDomain" xml:lang="en-US">Significant Acquisitions and Disposals, Transaction [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SignificantAcquisitionsAndDisposalsTransactionDomain" xml:lang="en-US">Significant Acquisitions and Disposals, Transaction [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_SignificantAcquisitionsAndDisposalsTransactionDomain" xlink:to="lab_7266800334M41J82H72K_us-gaap_SignificantAcquisitionsAndDisposalsTransactionDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AssetSaleTransactionHMember" xlink:label="loc_HF4325JKIF32_ocn_AssetSaleTransactionHMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AssetSaleTransactionHMember" xml:lang="en-US">Asset Sale Transaction H [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_AssetSaleTransactionHMember" xml:lang="en-US">Asset Sale Transaction H</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AssetSaleTransactionHMember" xml:lang="en-US">Items disclosed for specific asset sale.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AssetSaleTransactionHMember" xlink:to="lab_JH6547LMKH54_ocn_AssetSaleTransactionHMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xml:lang="en-US">Major Types of Debt and Equity Securities [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="loc_HF4325JKIF32_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xml:lang="en-US">Major Types of Debt and Equity Securities [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:to="lab_JH6547LMKH54_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_HomeEquityConversionMortgageBackedSecuritiesMember" xlink:label="loc_5044688112K29H60F50I_ocn_HomeEquityConversionMortgageBackedSecuritiesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_HomeEquityConversionMortgageBackedSecuritiesMember" xml:lang="en-US">Home Equity Conversion Mortgage Backed Securities [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_HomeEquityConversionMortgageBackedSecuritiesMember" xml:lang="en-US">HMBS</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_HomeEquityConversionMortgageBackedSecuritiesMember" xml:lang="en-US">This element represents home equity conversion mortgage backed securities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_HomeEquityConversionMortgageBackedSecuritiesMember" xlink:to="lab_7266800334M41J82H72K_ocn_HomeEquityConversionMortgageBackedSecuritiesMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_HomeEquityConversionMortgagesMember" xlink:label="loc_HF4325JKIF32_ocn_HomeEquityConversionMortgagesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_HomeEquityConversionMortgagesMember" xml:lang="en-US">Home Equity Conversion Mortgages [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_HomeEquityConversionMortgagesMember" xml:lang="en-US">HECMs</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_HomeEquityConversionMortgagesMember" xml:lang="en-US">This element represents home equity conversion mortgages.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_HomeEquityConversionMortgagesMember" xlink:to="lab_JH6547LMKH54_ocn_HomeEquityConversionMortgagesMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_SubsequentEventTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SubsequentEventTypeAxis" xml:lang="en-US">Subsequent Event Type [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SubsequentEventTypeAxis" xml:lang="en-US">Subsequent Event Type [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_SubsequentEventTypeAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_SubsequentEventTypeAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_HF4325JKIF32_us-gaap_SubsequentEventTypeDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_SubsequentEventTypeDomain" xml:lang="en-US">Subsequent Event Type [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_SubsequentEventTypeDomain" xml:lang="en-US">Subsequent Event Type [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_SubsequentEventTypeDomain" xlink:to="lab_JH6547LMKH54_us-gaap_SubsequentEventTypeDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_SubsequentEventMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SubsequentEventMember" xml:lang="en-US">Subsequent Event [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SubsequentEventMember" xml:lang="en-US">Subsequent Event</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_SubsequentEventMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_SubsequentEventMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LoansPledgedAsCollateral" xlink:label="loc_HF4325JKIF32_us-gaap_LoansPledgedAsCollateral"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_LoansPledgedAsCollateral" xml:lang="en-US">Loans Pledged as Collateral</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LoansPledgedAsCollateral" xml:lang="en-US">Borrowings pledged as collateral to the pools</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LoansPledgedAsCollateral" xlink:to="lab_JH6547LMKH54_us-gaap_LoansPledgedAsCollateral"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingAssetAtFairValueAdditions" xlink:label="loc_5044688112K29H60F50I_us-gaap_ServicingAssetAtFairValueAdditions"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtFairValueAdditions" xml:lang="en-US">Servicing Asset at Fair Value, Additions</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtFairValueAdditions" xml:lang="en-US">MSRs</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtFairValueAdditions" xml:lang="en-US">MSRs retained on sales of loans</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ServicingAssetAtFairValueAdditions" xlink:to="lab_7266800334M41J82H72K_us-gaap_ServicingAssetAtFairValueAdditions"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold" xlink:label="loc_HF4325JKIF32_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold" xml:lang="en-US">Unpaid Principal Balance Of Loans Related To Servicing Assets Sold</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold" xml:lang="en-US">Unpaid principal balance of loans related to servicing assets sold</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold" xml:lang="en-US">Unpaid principal balance of loans related to servicing assets sold</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_JH6547LMKH54_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold" xml:lang="en-US">Sale of Rights in UPB of mortgage loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold" xml:lang="en-US">Unpaid principal balance of loans related to servicing assets, measured at fair value, that have been conveyed to the third parties.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold" xlink:to="lab_JH6547LMKH54_ocn_UnpaidPrincipalBalanceOfLoansRelatedToServicingAssetsSold"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xlink:label="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xml:lang="en-US">Business Acquisition, Cost of Acquired Entity, Purchase Price</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xml:lang="en-US">Business acquisition, cost of acquired entity, purchase price</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xml:lang="en-US">Base purchase price, as adjusted</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xml:lang="en-US">Purchase price</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveTerseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xml:lang="en-US">Acquisition of shares</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xml:lang="en-US">Base purchase price, as adjusted</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xlink:to="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAcquired" xlink:label="loc_HF4325JKIF32_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAcquired"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAcquired" xml:lang="en-US">Business Acquisition Purchase Price Allocation Advances Acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAcquired" xml:lang="en-US">Servicing advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAcquired" xml:lang="en-US">Carrying amount as of the balance sheet date of non-interest-bearing advances acquired made on loans serviced for others. Includes receivables for funds advanced by the servicer to meet contractual principal and interest remittance requirements for the investors, pay property taxes and insurance premiums and process foreclosures. Also includes receivables for funds advanced to maintain, repair and market foreclosed real estate properties on behalf of investors.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAcquired" xlink:to="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationAdvancesAcquired"/>





<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LibertyHomeEquitySolutionsIncMember" xlink:label="loc_HF4325JKIF32_ocn_LibertyHomeEquitySolutionsIncMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_LibertyHomeEquitySolutionsIncMember" xml:lang="en-US">Liberty Home Equity Solutions Inc [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_LibertyHomeEquitySolutionsIncMember" xml:lang="en-US">Liberty Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_LibertyHomeEquitySolutionsIncMember" xml:lang="en-US">Liberty Home Equity Solutions Inc</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_LibertyHomeEquitySolutionsIncMember" xml:lang="en-US">This element represents name and other information of an entity.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_LibertyHomeEquitySolutionsIncMember" xlink:to="lab_JH6547LMKH54_ocn_LibertyHomeEquitySolutionsIncMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_InvestmentTypeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_InvestmentTypeAxis" xml:lang="en-US">Investment Type [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_InvestmentTypeAxis" xml:lang="en-US">Investment Type [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_InvestmentTypeAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_InvestmentTypeAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_HF4325JKIF32_us-gaap_InvestmentTypeCategorizationMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_InvestmentTypeCategorizationMember" xml:lang="en-US">Investment Type Categorization [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_InvestmentTypeCategorizationMember" xml:lang="en-US">Investment Type Categorization [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_InvestmentTypeCategorizationMember" xlink:to="lab_JH6547LMKH54_us-gaap_InvestmentTypeCategorizationMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember" xlink:label="loc_5044688112K29H60F50I_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember" xml:lang="en-US">Federal National Mortgage Association Certificates and Obligations and Government National Mortgage Association Certificates and Obligations [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember" xml:lang="en-US">Freddie Mac and Ginnie Mae loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember" xml:lang="en-US">Investments in debentures, bonds and other debt securities issued by the Federal National Mortgage Association (FNMA or Fannie Mae) and Investments in debentures, bonds and other debt securities issued by the Government National Mortgage Association (GNMA or Ginnie Mae).</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember" xlink:to="lab_7266800334M41J82H72K_ocn_FederalNationalMortgageAssociationCertificatesAndObligationsAndGovernmentNationalMortgageAssociationCertificatesAndObligationsMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MasterServicingAgreementsMember" xlink:label="loc_HF4325JKIF32_ocn_MasterServicingAgreementsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MasterServicingAgreementsMember" xml:lang="en-US">Master Servicing Agreements [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_MasterServicingAgreementsMember" xml:lang="en-US">MSRs acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MasterServicingAgreementsMember" xml:lang="en-US">Master Servicing Agreements</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MasterServicingAgreementsMember" xml:lang="en-US">Represents master servicing agreements.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MasterServicingAgreementsMember" xlink:to="lab_JH6547LMKH54_ocn_MasterServicingAgreementsMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentAxis" xml:lang="en-US">Debt Instrument [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentAxis" xml:lang="en-US">Debt Instrument [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_HF4325JKIF32_us-gaap_DebtInstrumentNameDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentNameDomain" xml:lang="en-US">Debt Instrument, Name [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentNameDomain" xml:lang="en-US">Debt Instrument, Name [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DebtInstrumentNameDomain" xlink:to="lab_JH6547LMKH54_us-gaap_DebtInstrumentNameDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_RangeAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_RangeAxis" xml:lang="en-US">Range [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RangeAxis" xml:lang="en-US">Range [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_RangeAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_RangeAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_HF4325JKIF32_us-gaap_RangeMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_RangeMember" xml:lang="en-US">Range [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RangeMember" xml:lang="en-US">Range [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_RangeMember" xlink:to="lab_JH6547LMKH54_us-gaap_RangeMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_MaximumMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_MaximumMember" xml:lang="en-US">Maximum [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_MaximumMember" xml:lang="en-US">Maximum</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_MaximumMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_MaximumMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_HF4325JKIF32_us-gaap_MinimumMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_MinimumMember" xml:lang="en-US">Minimum [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_MinimumMember" xml:lang="en-US">Minimum</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_MinimumMember" xlink:to="lab_JH6547LMKH54_us-gaap_MinimumMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AltisourceMember" xlink:label="loc_5044688112K29H60F50I_ocn_AltisourceMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AltisourceMember" xml:lang="en-US">Altisource [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AltisourceMember" xml:lang="en-US">Altisource</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AltisourceMember" xml:lang="en-US">Specific acquisition.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AltisourceMember" xlink:to="lab_7266800334M41J82H72K_ocn_AltisourceMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_UnrelatedPartyMember" xlink:label="loc_HF4325JKIF32_ocn_UnrelatedPartyMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_UnrelatedPartyMember" xml:lang="en-US">Unrelated Party [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_UnrelatedPartyMember" xml:lang="en-US">Unrelated Party</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_UnrelatedPartyMember" xml:lang="en-US">Represents unrelated party.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_UnrelatedPartyMember" xlink:to="lab_JH6547LMKH54_ocn_UnrelatedPartyMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_SubserviceMortgageServicingRightsMember" xlink:label="loc_5044688112K29H60F50I_ocn_SubserviceMortgageServicingRightsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_SubserviceMortgageServicingRightsMember" xml:lang="en-US">Subservice Mortgage Servicing Rights [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_SubserviceMortgageServicingRightsMember" xml:lang="en-US">Subservicing contracts</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_SubserviceMortgageServicingRightsMember" xml:lang="en-US">Represents a contractual agreement where the right, or rights, to subservice.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_SubserviceMortgageServicingRightsMember" xlink:to="lab_7266800334M41J82H72K_ocn_SubserviceMortgageServicingRightsMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetUsefulLife" xlink:label="loc_HF4325JKIF32_us-gaap_FiniteLivedIntangibleAssetUsefulLife"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FiniteLivedIntangibleAssetUsefulLife" xml:lang="en-US">Finite-Lived Intangible Asset, Useful Life</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FiniteLivedIntangibleAssetUsefulLife" xml:lang="en-US">Intangible assets amortization period</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FiniteLivedIntangibleAssetUsefulLife" xlink:to="lab_JH6547LMKH54_us-gaap_FiniteLivedIntangibleAssetUsefulLife"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionLoansAndLiabilitiesUnpaidPrincipalBalance" xlink:label="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionLoansAndLiabilitiesUnpaidPrincipalBalance"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionLoansAndLiabilitiesUnpaidPrincipalBalance" xml:lang="en-US">Unpaid principal balance of MSRs and related servicing advance receivables</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionLoansAndLiabilitiesUnpaidPrincipalBalance" xml:lang="en-US">UPB</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionLoansAndLiabilitiesUnpaidPrincipalBalance" xml:lang="en-US">Unpaid principal balance assets acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionLoansAndLiabilitiesUnpaidPrincipalBalance" xml:lang="en-US">Unpaid principal balance of loans to acquire MSR's under agreement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionLoansAndLiabilitiesUnpaidPrincipalBalance" xml:lang="en-US">Represents the unpaid principal balance of loans related to servicing acquired in a business acquisition.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionLoansAndLiabilitiesUnpaidPrincipalBalance" xlink:to="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionLoansAndLiabilitiesUnpaidPrincipalBalance"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumedPurchaserOfFeeBasedBusiness" xlink:label="loc_HF4325JKIF32_ocn_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumedPurchaserOfFeeBasedBusiness"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumedPurchaserOfFeeBasedBusiness" xml:lang="en-US">Business Acquisition Purchase Price Allocation Liabilities Assumed Purchaser Of Fee Based Business</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumedPurchaserOfFeeBasedBusiness" xml:lang="en-US">Liability assumed</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumedPurchaserOfFeeBasedBusiness" xml:lang="en-US">Servicing liabilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumedPurchaserOfFeeBasedBusiness" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to liabilities assumed by the purchaser of the fee-based business.</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumedPurchaserOfFeeBasedBusiness" xml:lang="en-US">Servicing liabilities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumedPurchaserOfFeeBasedBusiness" xlink:to="lab_JH6547LMKH54_ocn_BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumedPurchaserOfFeeBasedBusiness"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionSubservicedLoansUnpaidPrincipalBalance" xlink:label="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionSubservicedLoansUnpaidPrincipalBalance"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionSubservicedLoansUnpaidPrincipalBalance" xml:lang="en-US">Business Acquisition Subserviced Loans Unpaid Principal Balance</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionSubservicedLoansUnpaidPrincipalBalance" xml:lang="en-US">Unpaid principal balance of subserviced loans until certain consents and court approvals</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionSubservicedLoansUnpaidPrincipalBalance" xml:lang="en-US">Represents the amount for unpaid principal balance of subserviced loans related to servicing asset acquired until consents and court approvals are obtained.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionSubservicedLoansUnpaidPrincipalBalance" xlink:to="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionSubservicedLoansUnpaidPrincipalBalance"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DebtInstrumentNetAdditionalCapitalDeployed" xlink:label="loc_HF4325JKIF32_ocn_DebtInstrumentNetAdditionalCapitalDeployed"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DebtInstrumentNetAdditionalCapitalDeployed" xml:lang="en-US">Debt Instrument Net Additional Capital Deployed</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DebtInstrumentNetAdditionalCapitalDeployed" xml:lang="en-US">Deployed of net additional capital</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DebtInstrumentNetAdditionalCapitalDeployed" xml:lang="en-US">Amount of additional capital deployed.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DebtInstrumentNetAdditionalCapitalDeployed" xlink:to="lab_JH6547LMKH54_ocn_DebtInstrumentNetAdditionalCapitalDeployed"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentFaceAmount"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentFaceAmount" xml:lang="en-US">Debt Instrument, Face Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentFaceAmount" xml:lang="en-US">Securities sold under an agreement to repurchase, Balance Outstanding</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentFaceAmount" xml:lang="en-US">Proceeds of senior secured term loan (SSTL) facility</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentFaceAmount" xml:lang="en-US">Senior unsecured term loan facility amount</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentFaceAmount" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentFaceAmount"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentIncreaseAdditionalBorrowings" xlink:label="loc_HF4325JKIF32_us-gaap_DebtInstrumentIncreaseAdditionalBorrowings"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentIncreaseAdditionalBorrowings" xml:lang="en-US">Debt Instrument, Increase, Additional Borrowings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentIncreaseAdditionalBorrowings" xml:lang="en-US">Debt instrument, borrowings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentIncreaseAdditionalBorrowings" xml:lang="en-US">Servicing advance facilities and existing facility borrowed</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DebtInstrumentIncreaseAdditionalBorrowings" xlink:to="lab_JH6547LMKH54_us-gaap_DebtInstrumentIncreaseAdditionalBorrowings"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_NumberOfNewLineOfCreditFacility" xlink:label="loc_5044688112K29H60F50I_ocn_NumberOfNewLineOfCreditFacility"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_NumberOfNewLineOfCreditFacility" xml:lang="en-US">Number Of New Line Of Credit Facility</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_NumberOfNewLineOfCreditFacility" xml:lang="en-US">New servicing advance facilities</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_NumberOfNewLineOfCreditFacility" xml:lang="en-US">Represents the number of new line of credit facilities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_NumberOfNewLineOfCreditFacility" xlink:to="lab_7266800334M41J82H72K_ocn_NumberOfNewLineOfCreditFacility"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_NumberOfExistingLineOfCreditFacility" xlink:label="loc_HF4325JKIF32_ocn_NumberOfExistingLineOfCreditFacility"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_NumberOfExistingLineOfCreditFacility" xml:lang="en-US">Number Of Existing Line Of Credit Facility</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_NumberOfExistingLineOfCreditFacility" xml:lang="en-US">Existing servicing facility</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_NumberOfExistingLineOfCreditFacility" xml:lang="en-US">Represents the number of existing line of credit facilities.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_NumberOfExistingLineOfCreditFacility" xlink:to="lab_JH6547LMKH54_ocn_NumberOfExistingLineOfCreditFacility"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MortgageLoansOnRealEstateNumberOfLoans" xlink:label="loc_5044688112K29H60F50I_us-gaap_MortgageLoansOnRealEstateNumberOfLoans"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_MortgageLoansOnRealEstateNumberOfLoans" xml:lang="en-US">Mortgage Loans on Real Estate, Number of Loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_MortgageLoansOnRealEstateNumberOfLoans" xml:lang="en-US">Number of reverse mortgage loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_MortgageLoansOnRealEstateNumberOfLoans" xml:lang="en-US">Number of MSRs and subservicing acquired</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_MortgageLoansOnRealEstateNumberOfLoans" xlink:to="lab_7266800334M41J82H72K_us-gaap_MortgageLoansOnRealEstateNumberOfLoans"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" xml:lang="en-US">Business Acquisition, Cost Of Acquired Entity, Transaction Costs</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" xml:lang="en-US">Professional fees</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" xml:lang="en-US">Professional services</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionCostOfAcquiredEntityTransactionCosts"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionRepaymentOfOutstandingDebt" xlink:label="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionRepaymentOfOutstandingDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionRepaymentOfOutstandingDebt" xml:lang="en-US">Business Acquisition Repayment Of Outstanding Debt</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionRepaymentOfOutstandingDebt" xml:lang="en-US">Amount of existing outstanding debt repaid to the sellers</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionRepaymentOfOutstandingDebt" xml:lang="en-US">Represents amount of existing outstanding debt repaid to the seller.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionRepaymentOfOutstandingDebt" xlink:to="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionRepaymentOfOutstandingDebt"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Assets Acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired" xml:lang="en-US">Acquired net assets</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquired"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables" xlink:label="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables" xml:lang="en-US">Business Acquisition, Purchase Price Allocation, Current Assets, Receivables</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables" xml:lang="en-US">Reverse mortgage loan cash acquired</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables" xml:lang="en-US">Receivables</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables" xml:lang="en-US">Receivables acquired</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables" xlink:to="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_RecognizedGainLossOnChangesInFairValueOfInvestment" xlink:label="loc_HF4325JKIF32_ocn_RecognizedGainLossOnChangesInFairValueOfInvestment"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_RecognizedGainLossOnChangesInFairValueOfInvestment" xml:lang="en-US">Recognized Gain Loss On Changes In Fair Value Of Investment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_RecognizedGainLossOnChangesInFairValueOfInvestment" xml:lang="en-US">Recognized gain loss on changes in fair value of investment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_RecognizedGainLossOnChangesInFairValueOfInvestment" xml:lang="en-US">This element represents recognized gain loss on changes in fair value of investment.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_RecognizedGainLossOnChangesInFairValueOfInvestment" xlink:to="lab_JH6547LMKH54_ocn_RecognizedGainLossOnChangesInFairValueOfInvestment"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationResidentialReverseMortgageLoans" xlink:label="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionPurchasePriceAllocationResidentialReverseMortgageLoans"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationResidentialReverseMortgageLoans" xml:lang="en-US">Business Acquisition Purchase Price Allocation Residential Reverse Mortgage Loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationResidentialReverseMortgageLoans" xml:lang="en-US">Amount of residential reverse mortgage loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationResidentialReverseMortgageLoans" xml:lang="en-US">Represents the business acquisition purchase price allocation to reverse mortgage loans acquired.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BusinessAcquisitionPurchasePriceAllocationResidentialReverseMortgageLoans" xlink:to="lab_7266800334M41J82H72K_ocn_BusinessAcquisitionPurchasePriceAllocationResidentialReverseMortgageLoans"/>





<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_WeightedAverageMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_WeightedAverageMember" xml:lang="en-US">Weighted Average [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_WeightedAverageMember" xml:lang="en-US">Weighted Average</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_WeightedAverageMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_WeightedAverageMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="loc_HF4325JKIF32_us-gaap_ValuationTechniqueAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ValuationTechniqueAxis" xml:lang="en-US">Valuation Technique [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ValuationTechniqueAxis" xml:lang="en-US">Valuation Technique [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ValuationTechniqueAxis" xlink:to="lab_JH6547LMKH54_us-gaap_ValuationTechniqueAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="loc_5044688112K29H60F50I_us-gaap_ValuationTechniqueDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ValuationTechniqueDomain" xml:lang="en-US">Valuation Technique [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ValuationTechniqueDomain" xml:lang="en-US">Valuation Technique [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ValuationTechniqueDomain" xlink:to="lab_7266800334M41J82H72K_us-gaap_ValuationTechniqueDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostApproachValuationTechniqueMember" xlink:label="loc_HF4325JKIF32_us-gaap_CostApproachValuationTechniqueMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_CostApproachValuationTechniqueMember" xml:lang="en-US">Cost Approach Valuation Technique [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_CostApproachValuationTechniqueMember" xml:lang="en-US">Amortized cost</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_CostApproachValuationTechniqueMember" xlink:to="lab_JH6547LMKH54_us-gaap_CostApproachValuationTechniqueMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FairValueMethodMember" xlink:label="loc_5044688112K29H60F50I_ocn_FairValueMethodMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueMethodMember" xml:lang="en-US">Fair Value Method [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueMethodMember" xml:lang="en-US">Fair value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueMethodMember" xml:lang="en-US">Fair value method used to measure fair value.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_FairValueMethodMember" xlink:to="lab_7266800334M41J82H72K_ocn_FairValueMethodMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AssumptionsForValuationOfFinancialInstrumentAxis" xlink:label="loc_HF4325JKIF32_ocn_AssumptionsForValuationOfFinancialInstrumentAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AssumptionsForValuationOfFinancialInstrumentAxis" xml:lang="en-US">Assumptions For Valuation Of Financial Instrument [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AssumptionsForValuationOfFinancialInstrumentAxis" xml:lang="en-US">Assumptions For Valuation Of Financial Instrument [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AssumptionsForValuationOfFinancialInstrumentAxis" xml:lang="en-US">Represents the information related to assumptions used for valuation of financial instruments.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AssumptionsForValuationOfFinancialInstrumentAxis" xlink:to="lab_JH6547LMKH54_ocn_AssumptionsForValuationOfFinancialInstrumentAxis"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AssumptionsForValuationOfFinancialInstrumentDomain" xlink:label="loc_5044688112K29H60F50I_ocn_AssumptionsForValuationOfFinancialInstrumentDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AssumptionsForValuationOfFinancialInstrumentDomain" xml:lang="en-US">Assumptions For Valuation Of Financial Instrument [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AssumptionsForValuationOfFinancialInstrumentDomain" xml:lang="en-US">Assumptions For Valuation Of Financial Instrument [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AssumptionsForValuationOfFinancialInstrumentDomain" xml:lang="en-US">Represents the different types of assumptions used for valuation of financial instruments.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AssumptionsForValuationOfFinancialInstrumentDomain" xlink:to="lab_7266800334M41J82H72K_ocn_AssumptionsForValuationOfFinancialInstrumentDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ComputingCostOfFinancingAdvancesMember" xlink:label="loc_HF4325JKIF32_ocn_ComputingCostOfFinancingAdvancesMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ComputingCostOfFinancingAdvancesMember" xml:lang="en-US">Computing Cost Of Financing Advances [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ComputingCostOfFinancingAdvancesMember" xml:lang="en-US">Cost of financing advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ComputingCostOfFinancingAdvancesMember" xml:lang="en-US">Represents the computing cost of financing advances.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ComputingCostOfFinancingAdvancesMember" xlink:to="lab_JH6547LMKH54_ocn_ComputingCostOfFinancingAdvancesMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ComputingFloatEarningsMember" xlink:label="loc_5044688112K29H60F50I_ocn_ComputingFloatEarningsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ComputingFloatEarningsMember" xml:lang="en-US">Computing Float Earnings [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ComputingFloatEarningsMember" xml:lang="en-US">Float earnings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ComputingFloatEarningsMember" xml:lang="en-US">Represents the computing float earnings.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ComputingFloatEarningsMember" xlink:to="lab_7266800334M41J82H72K_ocn_ComputingFloatEarningsMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_NetGainLossHeldForSaleAttributableToDerivativeFinancialInstruments" xlink:label="loc_HF4325JKIF32_ocn_NetGainLossHeldForSaleAttributableToDerivativeFinancialInstruments"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_NetGainLossHeldForSaleAttributableToDerivativeFinancialInstruments" xml:lang="en-US">Net Gain Loss Held For Sale Attributable To Derivative Financial Instruments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_NetGainLossHeldForSaleAttributableToDerivativeFinancialInstruments" xml:lang="en-US">Gain (loss) held for sale attributable to derivative financial instruments (in dollars)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_NetGainLossHeldForSaleAttributableToDerivativeFinancialInstruments" xml:lang="en-US">Gain (loss) on sale of derivatives (in dollars)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_NetGainLossHeldForSaleAttributableToDerivativeFinancialInstruments" xml:lang="en-US">Represents the net gain (loss) attributable to derivative financial instruments held at the end of the period.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_NetGainLossHeldForSaleAttributableToDerivativeFinancialInstruments" xlink:to="lab_JH6547LMKH54_ocn_NetGainLossHeldForSaleAttributableToDerivativeFinancialInstruments"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueInputsProbabilityOfDefault" xlink:label="loc_5044688112K29H60F50I_us-gaap_FairValueInputsProbabilityOfDefault"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueInputsProbabilityOfDefault" xml:lang="en-US">Fair Value Inputs, Probability Of Default</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueInputsProbabilityOfDefault" xml:lang="en-US">Delinquency rates</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueInputsProbabilityOfDefault" xml:lang="en-US">Fair Value Inputs, Probability of Default</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FairValueInputsProbabilityOfDefault" xlink:to="lab_7266800334M41J82H72K_us-gaap_FairValueInputsProbabilityOfDefault"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueInputsDiscountRate" xlink:label="loc_HF4325JKIF32_us-gaap_FairValueInputsDiscountRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueInputsDiscountRate" xml:lang="en-US">Fair Value Inputs, Discount Rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueInputsDiscountRate" xml:lang="en-US">Discount rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueInputsDiscountRate" xml:lang="en-US">Fair Value Inputs, Discount Rate</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FairValueInputsDiscountRate" xlink:to="lab_JH6547LMKH54_us-gaap_FairValueInputsDiscountRate"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueInputsPrepaymentRate" xlink:label="loc_5044688112K29H60F50I_us-gaap_FairValueInputsPrepaymentRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueInputsPrepaymentRate" xml:lang="en-US">Fair Value Inputs, Prepayment Rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueInputsPrepaymentRate" xml:lang="en-US">Prepayment rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FairValueInputsPrepaymentRate" xml:lang="en-US">Fair Value Inputs, Prepayment Rate</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FairValueInputsPrepaymentRate" xlink:to="lab_7266800334M41J82H72K_us-gaap_FairValueInputsPrepaymentRate"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FairValueInputsBasisSpreadOnVariableRate" xlink:label="loc_HF4325JKIF32_ocn_FairValueInputsBasisSpreadOnVariableRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_FairValueInputsBasisSpreadOnVariableRate" xml:lang="en-US">Fair Value Inputs Basis Spread On Variable Rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_FairValueInputsBasisSpreadOnVariableRate" xml:lang="en-US">Fair value inputs basis spread on variable rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_FairValueInputsBasisSpreadOnVariableRate" xml:lang="en-US">Servicing assets and servicing liabilities at fair value assumptions used to estimate fair value other key assumption rate or value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_FairValueInputsBasisSpreadOnVariableRate" xml:lang="en-US">Represents the fair value inputs basis spread on advance borrowings.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_FairValueInputsBasisSpreadOnVariableRate" xlink:to="lab_JH6547LMKH54_ocn_FairValueInputsBasisSpreadOnVariableRate"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FairValueInputsDescriptionOfVariableRateBasis" xlink:label="loc_5044688112K29H60F50I_ocn_FairValueInputsDescriptionOfVariableRateBasis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueInputsDescriptionOfVariableRateBasis" xml:lang="en-US">Fair Value Inputs Description Of Variable Rate Basis</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueInputsDescriptionOfVariableRateBasis" xml:lang="en-US">Fair value inputs, description of variable rate basis</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_FairValueInputsDescriptionOfVariableRateBasis" xml:lang="en-US">The reference rate for the variable rate of the interest rate fair value inputs, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_FairValueInputsDescriptionOfVariableRateBasis" xlink:to="lab_7266800334M41J82H72K_ocn_FairValueInputsDescriptionOfVariableRateBasis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeDescriptionOfVariableRateBasis" xlink:label="loc_HF4325JKIF32_us-gaap_DerivativeDescriptionOfVariableRateBasis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeDescriptionOfVariableRateBasis" xml:lang="en-US">Derivative, Description Of Variable Rate Basis</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeDescriptionOfVariableRateBasis" xml:lang="en-US">Derivative, description of variable rate basis</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DerivativeDescriptionOfVariableRateBasis" xml:lang="en-US">Derivative, description of variable rate basis</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DerivativeDescriptionOfVariableRateBasis" xlink:to="lab_JH6547LMKH54_us-gaap_DerivativeDescriptionOfVariableRateBasis"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MortgageServicingRightsAcquisitionMember" xlink:label="loc_5044688112K29H60F50I_ocn_MortgageServicingRightsAcquisitionMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_MortgageServicingRightsAcquisitionMember" xml:lang="en-US">Mortgage Servicing Rights Acquisition [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_MortgageServicingRightsAcquisitionMember" xml:lang="en-US">MSRs Acquisition</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_MortgageServicingRightsAcquisitionMember" xml:lang="en-US">Represents Mortgage servicing rights acquisition.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_MortgageServicingRightsAcquisitionMember" xlink:to="lab_7266800334M41J82H72K_ocn_MortgageServicingRightsAcquisitionMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_CarryingValueOfServicingAssetsSold" xlink:label="loc_HF4325JKIF32_ocn_CarryingValueOfServicingAssetsSold"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_CarryingValueOfServicingAssetsSold" xml:lang="en-US">Carrying Value Of Servicing Assets Sold</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_CarryingValueOfServicingAssetsSold" xml:lang="en-US">Carrying value of servicing assets sold</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_CarryingValueOfServicingAssetsSold" xml:lang="en-US">Carrying Value of Servicing Assets Sold</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_CarryingValueOfServicingAssetsSold" xml:lang="en-US">Carrying value as of the date of sale, which was accounted for as a financing, of an asset representing net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_CarryingValueOfServicingAssetsSold" xlink:to="lab_JH6547LMKH54_ocn_CarryingValueOfServicingAssetsSold"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced" xlink:label="loc_5044688112K29H60F50I_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced" xml:lang="en-US">Unpaid Principal Balance Of Small Balance Commercial Loans Serviced</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced" xml:lang="en-US">Unpaid principal balance of small balance commercial loans serviced</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced" xml:lang="en-US">Unpaid Principal Balance Of Small Balance Commercial Loans Serviced</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced" xml:lang="en-US">The unpaid principal balance of small balance commercial loans serviced.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced" xlink:to="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfSmallBalanceCommercialLoansServiced"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset" xlink:label="loc_HF4325JKIF32_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset" xml:lang="en-US">Fair Value Disclosure, Off-Balance Sheet Risks, Amount, Asset</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset" xml:lang="en-US">Fair value disclosure, off-balance sheet risks, amount, asset</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset" xml:lang="en-US">Fair Value Disclosure, Off-balance Sheet Risks, Amount, Asset</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset" xlink:to="lab_JH6547LMKH54_us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountAsset"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_UnpaidPrincipalBalanceOfLoansAssociatedWithMortgageServicingRightsSold" xlink:label="loc_5044688112K29H60F50I_ocn_UnpaidPrincipalBalanceOfLoansAssociatedWithMortgageServicingRightsSold"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansAssociatedWithMortgageServicingRightsSold" xml:lang="en-US">Unpaid Principal Balance Of Loans Associated With Mortgage Servicing Rights Sold</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansAssociatedWithMortgageServicingRightsSold" xml:lang="en-US">Unpaid principal balance of loans associated with MSRs sold</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansAssociatedWithMortgageServicingRightsSold" xml:lang="en-US">Represents amount of unpaid principal balance of loans associated with servicing assets sold in transactions accounted for as a financing.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_UnpaidPrincipalBalanceOfLoansAssociatedWithMortgageServicingRightsSold" xlink:to="lab_7266800334M41J82H72K_ocn_UnpaidPrincipalBalanceOfLoansAssociatedWithMortgageServicingRightsSold"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OriginationRepresentationAndWarrantyObligations" xlink:label="loc_HF4325JKIF32_ocn_OriginationRepresentationAndWarrantyObligations"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_OriginationRepresentationAndWarrantyObligations" xml:lang="en-US">Origination Representation And Warranty Obligations</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_OriginationRepresentationAndWarrantyObligations" xml:lang="en-US">Origination representation and warranty obligations</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_OriginationRepresentationAndWarrantyObligations" xml:lang="en-US">Represents the amount of origination representation and warranty obligations assumed in connection with the acquisition of servicing assets.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_OriginationRepresentationAndWarrantyObligations" xlink:to="lab_JH6547LMKH54_ocn_OriginationRepresentationAndWarrantyObligations"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAndLendingMember" xlink:label="loc_5044688112K29H60F50I_ocn_ServicingAndLendingMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAndLendingMember" xml:lang="en-US">Servicing and Lending [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAndLendingMember" xml:lang="en-US">Servicing and Lending</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAndLendingMember" xml:lang="en-US">Represents segment information of lending business.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ServicingAndLendingMember" xlink:to="lab_7266800334M41J82H72K_ocn_ServicingAndLendingMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xml:lang="en-US">Schedule Of Accounts, Notes, Loans and Financing Receivable [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_LoansReceivableMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_LoansReceivableMember" xml:lang="en-US">Loans Receivable [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_LoansReceivableMember" xml:lang="en-US">Loans Receivable</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_LoansReceivableMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_LoansReceivableMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis" xlink:label="loc_HF4325JKIF32_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis" xml:lang="en-US">Class Of Financing Receivable [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis" xml:lang="en-US">Class of Financing Receivable [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis" xlink:to="lab_JH6547LMKH54_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain" xlink:label="loc_5044688112K29H60F50I_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain" xml:lang="en-US">Class Of Financing Receivable [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain" xml:lang="en-US">Class of Financing Receivable [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain" xlink:to="lab_7266800334M41J82H72K_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_NonPerformingMortgageLoansReceivableMember" xlink:label="loc_HF4325JKIF32_ocn_NonPerformingMortgageLoansReceivableMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_NonPerformingMortgageLoansReceivableMember" xml:lang="en-US">Non Performing Mortgage Loans Receivable [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_NonPerformingMortgageLoansReceivableMember" xml:lang="en-US">Non Performing Mortgage Loans Receivable</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_NonPerformingMortgageLoansReceivableMember" xml:lang="en-US">Represents the non-performing mortgage loans receivables.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_NonPerformingMortgageLoansReceivableMember" xlink:to="lab_JH6547LMKH54_ocn_NonPerformingMortgageLoansReceivableMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember" xml:lang="en-US">Government National Mortgage Association Certificates and Obligations (Gnma) [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember" xml:lang="en-US">Ginnie Mae</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="loc_HF4325JKIF32_us-gaap_AccountsNotesAndLoansReceivableLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_AccountsNotesAndLoansReceivableLineItems" xml:lang="en-US">Accounts, Notes, Loans and Financing Receivable [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_AccountsNotesAndLoansReceivableLineItems" xml:lang="en-US">Accounts, Notes, Loans and Financing Receivable [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:to="lab_JH6547LMKH54_us-gaap_AccountsNotesAndLoansReceivableLineItems"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="loc_5044688112K29H60F50I_us-gaap_LoansAndLeasesReceivableAllowance"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_LoansAndLeasesReceivableAllowance" xml:lang="en-US">Loans and Leases Receivable, Allowance</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_LoansAndLeasesReceivableAllowance" xml:lang="en-US">Amount of valuation allowance</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_LoansAndLeasesReceivableAllowance" xlink:to="lab_7266800334M41J82H72K_us-gaap_LoansAndLeasesReceivableAllowance"/>





<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_NonPerformingMortgageLoansCarryingValue" xlink:label="loc_5044688112K29H60F50I_ocn_NonPerformingMortgageLoansCarryingValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_NonPerformingMortgageLoansCarryingValue" xml:lang="en-US">Non Performing Mortgage Loans Carrying Value</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_NonPerformingMortgageLoansCarryingValue" xml:lang="en-US">Carrying value of non-performing mortgage loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_NonPerformingMortgageLoansCarryingValue" xml:lang="en-US">Represents carrying value of non-performing mortgage loans.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_NonPerformingMortgageLoansCarryingValue" xlink:to="lab_7266800334M41J82H72K_ocn_NonPerformingMortgageLoansCarryingValue"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_HF4325JKIF32_us-gaap_EquityMethodInvestmentOwnershipPercentage"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_EquityMethodInvestmentOwnershipPercentage" xml:lang="en-US">Equity Method Investment, Ownership Percentage</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_EquityMethodInvestmentOwnershipPercentage" xml:lang="en-US">Equity method investment, ownership percentage by parent</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:to="lab_JH6547LMKH54_us-gaap_EquityMethodInvestmentOwnershipPercentage"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="loc_5044688112K29H60F50I_us-gaap_DerivativeCollateralRightToReclaimCash"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeCollateralRightToReclaimCash" xml:lang="en-US">Derivative, Collateral, Right to Reclaim Cash</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeCollateralRightToReclaimCash" xml:lang="en-US">Derivative, collateral, right to reclaim cash</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DerivativeCollateralRightToReclaimCash" xml:lang="en-US">Derivative, collateral, right to reclaim cash</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DerivativeCollateralRightToReclaimCash" xlink:to="lab_7266800334M41J82H72K_us-gaap_DerivativeCollateralRightToReclaimCash"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_HF4325JKIF32_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xml:lang="en-US">Line of Credit Facility, Maximum Borrowing Capacity</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xml:lang="en-US">Debt instrument, borrowings</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xml:lang="en-US">Maximum borrowing capacity</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:to="lab_JH6547LMKH54_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OptionAxis" xlink:label="loc_5044688112K29H60F50I_ocn_OptionAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_OptionAxis" xml:lang="en-US">Option [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OptionAxis" xml:lang="en-US">Option [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_OptionAxis" xml:lang="en-US">Information by type of options.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_OptionAxis" xlink:to="lab_7266800334M41J82H72K_ocn_OptionAxis"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OptionDomain" xlink:label="loc_HF4325JKIF32_ocn_OptionDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_OptionDomain" xml:lang="en-US">Option [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_OptionDomain" xml:lang="en-US">Option [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_OptionDomain" xml:lang="en-US">Type of options.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_OptionDomain" xlink:to="lab_JH6547LMKH54_ocn_OptionDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_Option1Member" xlink:label="loc_5044688112K29H60F50I_ocn_Option1Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_Option1Member" xml:lang="en-US">Option 1 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_Option1Member" xml:lang="en-US">Option a (i)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_Option1Member" xml:lang="en-US">Represents the option 1 A.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_Option1Member" xlink:to="lab_7266800334M41J82H72K_ocn_Option1Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_Option1BMember" xlink:label="loc_HF4325JKIF32_ocn_Option1BMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_Option1BMember" xml:lang="en-US">Option 1 B [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_Option1BMember" xml:lang="en-US">Option (a) ii</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_Option1BMember" xml:lang="en-US">Represents the option 1 B.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_Option1BMember" xlink:to="lab_JH6547LMKH54_ocn_Option1BMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_Option1CMember" xlink:label="loc_5044688112K29H60F50I_ocn_Option1CMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_Option1CMember" xml:lang="en-US">Option 1 C [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_Option1CMember" xml:lang="en-US">Option a (iii)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_Option1CMember" xml:lang="en-US">Represents the option 1 C.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_Option1CMember" xlink:to="lab_7266800334M41J82H72K_ocn_Option1CMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_Option2Member" xlink:label="loc_HF4325JKIF32_ocn_Option2Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_Option2Member" xml:lang="en-US">Option 2 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_Option2Member" xml:lang="en-US">Option b</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_Option2Member" xml:lang="en-US">Represents the option 2.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_Option2Member" xlink:to="lab_JH6547LMKH54_ocn_Option2Member"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_UncommittedLineOfCreditMember" xlink:label="loc_5044688112K29H60F50I_ocn_UncommittedLineOfCreditMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_UncommittedLineOfCreditMember" xml:lang="en-US">Uncommitted Line Of Credit [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_UncommittedLineOfCreditMember" xml:lang="en-US">Uncommitted Line Of Credit</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_UncommittedLineOfCreditMember" xml:lang="en-US">Represents a contractual uncommitted arrangement with a lender under which borrowings can be made up to a specific amount at any point in time, and under which borrowings outstanding may be either short-term or long-term, depending upon the particulars.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_UncommittedLineOfCreditMember" xlink:to="lab_7266800334M41J82H72K_ocn_UncommittedLineOfCreditMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentFrequencyOfPeriodicPayment" xlink:label="loc_HF4325JKIF32_us-gaap_DebtInstrumentFrequencyOfPeriodicPayment"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentFrequencyOfPeriodicPayment" xml:lang="en-US">Debt Instrument, Frequency Of Periodic Payment</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentFrequencyOfPeriodicPayment" xml:lang="en-US">Debt instrument, frequency of periodic payment</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DebtInstrumentFrequencyOfPeriodicPayment" xlink:to="lab_JH6547LMKH54_us-gaap_DebtInstrumentFrequencyOfPeriodicPayment"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentPeriodicPaymentPrincipal" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentPeriodicPaymentPrincipal"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentPeriodicPaymentPrincipal" xml:lang="en-US">Debt Instrument, Periodic Payment, Principal</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentPeriodicPaymentPrincipal" xml:lang="en-US">Principal amount of borrowings in consecutive quarterly installments</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentPeriodicPaymentPrincipal" xml:lang="en-US">Debt instrument, periodic payment</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentPeriodicPaymentPrincipal" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentPeriodicPaymentPrincipal"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="loc_HF4325JKIF32_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xml:lang="en-US">Debt Instrument, Description Of Variable Rate Basis</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xml:lang="en-US">Borrowings, description of variable rate basis</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xml:lang="en-US">Debt instrument description of variable rate</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:to="lab_JH6547LMKH54_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentBasisSpreadOnVariableRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentBasisSpreadOnVariableRate" xml:lang="en-US">Debt Instrument, Basis Spread On Variable Rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentBasisSpreadOnVariableRate" xml:lang="en-US">Borrowings, basis spread on variable rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentBasisSpreadOnVariableRate" xml:lang="en-US">Debt instrument description of variable rate basis</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtInstrumentBasisSpreadOnVariableRate" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtInstrumentBasisSpreadOnVariableRate"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DebtInstrumentInterestRateAtIndexFloorRate" xlink:label="loc_HF4325JKIF32_ocn_DebtInstrumentInterestRateAtIndexFloorRate"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DebtInstrumentInterestRateAtIndexFloorRate" xml:lang="en-US">Debt Instrument Interest Rate At Index Floor Rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_DebtInstrumentInterestRateAtIndexFloorRate" xml:lang="en-US">Borrowings, index floor rate</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DebtInstrumentInterestRateAtIndexFloorRate" xml:lang="en-US">Debt instrument description of variable index floor rate basis</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DebtInstrumentInterestRateAtIndexFloorRate" xml:lang="en-US">Represents the index floor rate used for interest rate on the debt instrument.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DebtInstrumentInterestRateAtIndexFloorRate" xlink:to="lab_JH6547LMKH54_ocn_DebtInstrumentInterestRateAtIndexFloorRate"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PercentageOfBeneficialInterestAcquirableOnUnderlyingMortgageLoans" xlink:label="loc_5044688112K29H60F50I_ocn_PercentageOfBeneficialInterestAcquirableOnUnderlyingMortgageLoans"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_PercentageOfBeneficialInterestAcquirableOnUnderlyingMortgageLoans" xml:lang="en-US">Percentage Of Beneficial Interest Acquirable On Underlying Mortgage Loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_PercentageOfBeneficialInterestAcquirableOnUnderlyingMortgageLoans" xml:lang="en-US">Percentage of beneficial interest acquirable on underlying mortgage loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_PercentageOfBeneficialInterestAcquirableOnUnderlyingMortgageLoans" xml:lang="en-US">Represents the percentage of beneficial interest acquirable on underlying mortgage loans.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_PercentageOfBeneficialInterestAcquirableOnUnderlyingMortgageLoans" xlink:to="lab_7266800334M41J82H72K_ocn_PercentageOfBeneficialInterestAcquirableOnUnderlyingMortgageLoans"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_GainOnRetirementOfFinancingLiability" xlink:label="loc_HF4325JKIF32_ocn_GainOnRetirementOfFinancingLiability"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_GainOnRetirementOfFinancingLiability" xml:lang="en-US">Gain On Retirement Of Financing Liability</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_GainOnRetirementOfFinancingLiability" xml:lang="en-US">Gain on retirement of financing liability</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_GainOnRetirementOfFinancingLiability" xml:lang="en-US">Represents the gain on retirement of a financing liability.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_GainOnRetirementOfFinancingLiability" xlink:to="lab_JH6547LMKH54_ocn_GainOnRetirementOfFinancingLiability"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ServicingLiabilityAtAmortizedValuePeriodIncreaseDecrease" xlink:label="loc_5044688112K29H60F50I_us-gaap_ServicingLiabilityAtAmortizedValuePeriodIncreaseDecrease"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingLiabilityAtAmortizedValuePeriodIncreaseDecrease" xml:lang="en-US">Servicing Liability At Amortized Value, Period Increase (Decrease)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingLiabilityAtAmortizedValuePeriodIncreaseDecrease" xml:lang="en-US">Amount of increase in servicing liability obligations</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ServicingLiabilityAtAmortizedValuePeriodIncreaseDecrease" xml:lang="en-US">Servicing Liability at Amortized Value, Period Increase (Decrease)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ServicingLiabilityAtAmortizedValuePeriodIncreaseDecrease" xlink:to="lab_7266800334M41J82H72K_us-gaap_ServicingLiabilityAtAmortizedValuePeriodIncreaseDecrease"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_StockholdersEquityTable" xlink:label="loc_HF4325JKIF32_ocn_StockholdersEquityTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_StockholdersEquityTable" xml:lang="en-US">Stockholders Equity [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_StockholdersEquityTable" xml:lang="en-US">Stockholders Equity [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_StockholdersEquityTable" xml:lang="en-US">This element represents schedule of statement of shareholders' equity of an entity.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_StockholdersEquityTable" xlink:to="lab_JH6547LMKH54_ocn_StockholdersEquityTable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SeriesAPreferredStockMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_SeriesAPreferredStockMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SeriesAPreferredStockMember" xml:lang="en-US">Series Preferred Stock [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SeriesAPreferredStockMember" xml:lang="en-US">Series A Perpetual Convertible Preferred Stock</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_SeriesAPreferredStockMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_SeriesAPreferredStockMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_StockholdersEquityLineItems" xlink:label="loc_HF4325JKIF32_ocn_StockholdersEquityLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_StockholdersEquityLineItems" xml:lang="en-US">Stockholders Equity [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_StockholdersEquityLineItems" xml:lang="en-US">Stockholders Equity [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_StockholdersEquityLineItems" xml:lang="en-US">Line Item represents schedule of statement of shareholders' equity of an entity.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_StockholdersEquityLineItems" xlink:to="lab_JH6547LMKH54_ocn_StockholdersEquityLineItems"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_5044688112K29H60F50I_us-gaap_PreferredStockSharesIssued"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockSharesIssued" xml:lang="en-US">Preferred Stock, Shares Issued</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockSharesIssued" xml:lang="en-US">Number of preferred stock shares issued</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockSharesIssued" xml:lang="en-US">Convertible preferred stock series A, shares issued</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_PreferredStockSharesIssued" xlink:to="lab_7266800334M41J82H72K_us-gaap_PreferredStockSharesIssued"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_HF4325JKIF32_us-gaap_PreferredStockParOrStatedValuePerShare"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PreferredStockParOrStatedValuePerShare" xml:lang="en-US">Preferred Stock, Par Or Stated Value Per Share</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PreferredStockParOrStatedValuePerShare" xml:lang="en-US">Stated value per share of preferred stock shares</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PreferredStockParOrStatedValuePerShare" xml:lang="en-US">Convertible preferred stock series A, par value (in dollars per share)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PreferredStockParOrStatedValuePerShare" xlink:to="lab_JH6547LMKH54_us-gaap_PreferredStockParOrStatedValuePerShare"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockDividendRatePercentage" xlink:label="loc_5044688112K29H60F50I_us-gaap_PreferredStockDividendRatePercentage"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockDividendRatePercentage" xml:lang="en-US">Preferred Stock, Dividend Rate, Percentage</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockDividendRatePercentage" xml:lang="en-US">Preferred Stock, Dividend Rate, Percentage</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockDividendRatePercentage" xml:lang="en-US">Dividend rate percentage of preferred stock shares</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_PreferredStockDividendRatePercentage" xlink:to="lab_7266800334M41J82H72K_us-gaap_PreferredStockDividendRatePercentage"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="loc_HF4325JKIF32_us-gaap_PreferredStockLiquidationPreference"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PreferredStockLiquidationPreference" xml:lang="en-US">Preferred Stock, Liquidation Preference Per Share</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PreferredStockLiquidationPreference" xml:lang="en-US">Liquidation preference (in dollars per share)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PreferredStockLiquidationPreference" xlink:to="lab_JH6547LMKH54_us-gaap_PreferredStockLiquidationPreference"/>



<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_DerivativeForwardExchangeGain" xlink:label="loc_HF4325JKIF32_ocn_DerivativeForwardExchangeGain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_DerivativeForwardExchangeGain" xml:lang="en-US">Derivative Forward Exchange Gain</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_DerivativeForwardExchangeGain" xml:lang="en-US">Derivative forward exchange gain</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_DerivativeForwardExchangeGain" xml:lang="en-US">Derivative Forward Exchange Gain</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_DerivativeForwardExchangeGain" xml:lang="en-US">The gain on a foreign currency derivative contract that was purchased or sold during the period.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_DerivativeForwardExchangeGain" xlink:to="lab_JH6547LMKH54_ocn_DerivativeForwardExchangeGain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss" xlink:label="loc_5044688112K29H60F50I_us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss" xml:lang="en-US">Unrealized Gain (Loss) On Interest Rate Cash Flow Hedges, Pretax, Accumulated Other Comprehensive Income (Loss)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss" xml:lang="en-US">Unrealized gain (loss) on interest rate cash flow hedges, pretax, accumulated other comprehensive income (loss)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss" xml:lang="en-US">Unrealized Gain (Loss) on Interest Rate Cash Flow Hedges, Pretax, Accumulated Other Comprehensive Income (Loss)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss" xlink:to="lab_7266800334M41J82H72K_us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_UnrealizedGainLossOnInterestRateCashFlowHedgesTaxAccumulatedOtherComprehensiveIncomeLoss" xlink:label="loc_HF4325JKIF32_ocn_UnrealizedGainLossOnInterestRateCashFlowHedgesTaxAccumulatedOtherComprehensiveIncomeLoss"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_UnrealizedGainLossOnInterestRateCashFlowHedgesTaxAccumulatedOtherComprehensiveIncomeLoss" xml:lang="en-US">Unrealized Gain Loss On Interest Rate Cash Flow Hedges Tax Accumulated Other Comprehensive Income Loss</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_UnrealizedGainLossOnInterestRateCashFlowHedgesTaxAccumulatedOtherComprehensiveIncomeLoss" xml:lang="en-US">Unrealized gain (loss) on interest rate cash flow hedges included in accumulated other comprehensive income (loss), tax expense</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_UnrealizedGainLossOnInterestRateCashFlowHedgesTaxAccumulatedOtherComprehensiveIncomeLoss" xml:lang="en-US">Unrealized Gain Loss On Interest Rate Cash Flow Hedges Tax Accumulated Other Comprehensive Income Loss</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_UnrealizedGainLossOnInterestRateCashFlowHedgesTaxAccumulatedOtherComprehensiveIncomeLoss" xml:lang="en-US">Amount of tax related to unrealized gain (loss) based on the increase or decrease in fair value of interest rate derivatives designated as cash flow hedging instruments, which was recorded in accumulated other comprehensive income to the extent that the cash flow hedge was determined to be effective.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_UnrealizedGainLossOnInterestRateCashFlowHedgesTaxAccumulatedOtherComprehensiveIncomeLoss" xlink:to="lab_JH6547LMKH54_ocn_UnrealizedGainLossOnInterestRateCashFlowHedgesTaxAccumulatedOtherComprehensiveIncomeLoss"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OtherBorrowingsTable" xlink:label="loc_5044688112K29H60F50I_ocn_OtherBorrowingsTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_OtherBorrowingsTable" xml:lang="en-US">Other Borrowings [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OtherBorrowingsTable" xml:lang="en-US">Other Borrowings [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_OtherBorrowingsTable" xml:lang="en-US">Represents information regarding other borrowings.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_OtherBorrowingsTable" xlink:to="lab_7266800334M41J82H72K_ocn_OtherBorrowingsTable"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OtherBorrowingsLineItems" xlink:label="loc_HF4325JKIF32_ocn_OtherBorrowingsLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_OtherBorrowingsLineItems" xml:lang="en-US">Other Borrowings [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_OtherBorrowingsLineItems" xml:lang="en-US">Other Borrowings [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_OtherBorrowingsLineItems" xml:lang="en-US">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_OtherBorrowingsLineItems" xlink:to="lab_JH6547LMKH54_ocn_OtherBorrowingsLineItems"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ConvertibleNotesPayableMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_ConvertibleNotesPayableMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ConvertibleNotesPayableMember" xml:lang="en-US">Convertible Notes Payable [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ConvertibleNotesPayableMember" xml:lang="en-US">Convertible Notes Payable</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ConvertibleNotesPayableMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_ConvertibleNotesPayableMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtConversionConvertedInstrumentAmount1" xlink:label="loc_HF4325JKIF32_us-gaap_DebtConversionConvertedInstrumentAmount1"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_DebtConversionConvertedInstrumentAmount1" xml:lang="en-US">Debt Conversion, Converted Instrument, Amount</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_DebtConversionConvertedInstrumentAmount1" xml:lang="en-US">Conversion amount, convertible notes</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_DebtConversionConvertedInstrumentAmount1" xlink:to="lab_JH6547LMKH54_us-gaap_DebtConversionConvertedInstrumentAmount1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtConversionConvertedInstrumentSharesIssued1" xlink:label="loc_5044688112K29H60F50I_us-gaap_DebtConversionConvertedInstrumentSharesIssued1"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtConversionConvertedInstrumentSharesIssued1" xml:lang="en-US">Debt Conversion, Converted Instrument, Shares Issued</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtConversionConvertedInstrumentSharesIssued1" xml:lang="en-US">Debt conversion, converted instrument, shares issued (in shares)</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DebtConversionConvertedInstrumentSharesIssued1" xml:lang="en-US">Debt Conversion, Converted Instrument, Shares Issued</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DebtConversionConvertedInstrumentSharesIssued1" xlink:to="lab_7266800334M41J82H72K_us-gaap_DebtConversionConvertedInstrumentSharesIssued1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="loc_HF4325JKIF32_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xml:lang="en-US">Schedule of Related Party Transactions, by Related Party [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xml:lang="en-US">Schedule of Related Party Transactions, by Related Party [Table]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:to="lab_JH6547LMKH54_us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OwnershipPercentageInPrimarySubsidiariesAxis" xlink:label="loc_5044688112K29H60F50I_ocn_OwnershipPercentageInPrimarySubsidiariesAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_OwnershipPercentageInPrimarySubsidiariesAxis" xml:lang="en-US">Ownership Percentage In Primary Subsidiaries [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OwnershipPercentageInPrimarySubsidiariesAxis" xml:lang="en-US">Ownership Percentage In Primary Subsidiaries [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OwnershipPercentageInPrimarySubsidiariesAxis" xml:lang="en-US">Ownership Percentage In Primary Subsidiaries [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_OwnershipPercentageInPrimarySubsidiariesAxis" xml:lang="en-US">Percentage of interest held in its primary subsidiaries.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_OwnershipPercentageInPrimarySubsidiariesAxis" xlink:to="lab_7266800334M41J82H72K_ocn_OwnershipPercentageInPrimarySubsidiariesAxis"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OwnershipPercentageInPrimarySubsidiariesDomain" xlink:label="loc_HF4325JKIF32_ocn_OwnershipPercentageInPrimarySubsidiariesDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_OwnershipPercentageInPrimarySubsidiariesDomain" xml:lang="en-US">Ownership Percentage In Primary Subsidiaries [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_OwnershipPercentageInPrimarySubsidiariesDomain" xml:lang="en-US">OwnershipPercentageInPrimarySubsidiaries [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_OwnershipPercentageInPrimarySubsidiariesDomain" xlink:to="lab_JH6547LMKH54_ocn_OwnershipPercentageInPrimarySubsidiariesDomain"/>






<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BeneficialOwnerMember" xlink:label="loc_HF4325JKIF32_us-gaap_BeneficialOwnerMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BeneficialOwnerMember" xml:lang="en-US">Beneficial Owner [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BeneficialOwnerMember" xml:lang="en-US">Mr. Erbey</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BeneficialOwnerMember" xlink:to="lab_JH6547LMKH54_us-gaap_BeneficialOwnerMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_ParentCompanyMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_ParentCompanyMember" xml:lang="en-US">Parent Company [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_ParentCompanyMember" xml:lang="en-US">Ocwen</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_ParentCompanyMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_ParentCompanyMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AltisourceAssetManagementCorporationMember" xlink:label="loc_HF4325JKIF32_ocn_AltisourceAssetManagementCorporationMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AltisourceAssetManagementCorporationMember" xml:lang="en-US">Altisource Asset Management Corporation [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AltisourceAssetManagementCorporationMember" xml:lang="en-US">Altisource Asset Management Corporation</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AltisourceAssetManagementCorporationMember" xml:lang="en-US">Represents the Altisource Asset Management Corporation (AAMC).</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AltisourceAssetManagementCorporationMember" xlink:to="lab_JH6547LMKH54_ocn_AltisourceAssetManagementCorporationMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="loc_5044688112K29H60F50I_us-gaap_RelatedPartyTransactionLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionLineItems" xml:lang="en-US">Related Party Transaction [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionLineItems" xml:lang="en-US">Related Party Transaction [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_RelatedPartyTransactionLineItems" xlink:to="lab_7266800334M41J82H72K_us-gaap_RelatedPartyTransactionLineItems"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OwnershipPercentageByRelatedParty" xlink:label="loc_HF4325JKIF32_ocn_OwnershipPercentageByRelatedParty"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_OwnershipPercentageByRelatedParty" xml:lang="en-US">Ownership Percentage By Related Party</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_JH6547LMKH54_ocn_OwnershipPercentageByRelatedParty" xml:lang="en-US">Ownership Percentage By Related Party</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_OwnershipPercentageByRelatedParty" xml:lang="en-US">Ownership percentage by related party</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_OwnershipPercentageByRelatedParty" xml:lang="en-US">The related party's interest in net assets of the company, expressed as a percentage.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_OwnershipPercentageByRelatedParty" xlink:to="lab_JH6547LMKH54_ocn_OwnershipPercentageByRelatedParty"/>






<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionAmountsOfTransaction" xlink:label="loc_HF4325JKIF32_us-gaap_RelatedPartyTransactionAmountsOfTransaction"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionAmountsOfTransaction" xml:lang="en-US">Related Party Transaction, Amounts of Transaction</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionAmountsOfTransaction" xml:lang="en-US">Related party transaction, cash consideration paid</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_RelatedPartyTransactionAmountsOfTransaction" xlink:to="lab_JH6547LMKH54_us-gaap_RelatedPartyTransactionAmountsOfTransaction"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AgreementAxis" xlink:label="loc_5044688112K29H60F50I_ocn_AgreementAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_AgreementAxis" xml:lang="en-US">Agreement [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_AgreementAxis" xml:lang="en-US">Agreement [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_AgreementAxis" xml:lang="en-US">Represents the category of agreement.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_AgreementAxis" xlink:to="lab_7266800334M41J82H72K_ocn_AgreementAxis"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AgreementDomain" xlink:label="loc_HF4325JKIF32_ocn_AgreementDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AgreementDomain" xml:lang="en-US">Agreement [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AgreementDomain" xml:lang="en-US">Agreement [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AgreementDomain" xml:lang="en-US">Represents the category of agreement by name.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AgreementDomain" xlink:to="lab_JH6547LMKH54_ocn_AgreementDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_SeniorUnsecuredTermLoanFacilityAgreementMember" xlink:label="loc_5044688112K29H60F50I_ocn_SeniorUnsecuredTermLoanFacilityAgreementMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_SeniorUnsecuredTermLoanFacilityAgreementMember" xml:lang="en-US">Senior Unsecured Term Loan Facility Agreement [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_SeniorUnsecuredTermLoanFacilityAgreementMember" xml:lang="en-US">Senior Unsecured Term Loan Facility Agreement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_SeniorUnsecuredTermLoanFacilityAgreementMember" xml:lang="en-US">Represents the senior unsecured term loan facility agreement.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_SeniorUnsecuredTermLoanFacilityAgreementMember" xlink:to="lab_7266800334M41J82H72K_ocn_SeniorUnsecuredTermLoanFacilityAgreementMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_SeniorUnsecuredTermLoanFacilityMember" xlink:label="loc_HF4325JKIF32_ocn_SeniorUnsecuredTermLoanFacilityMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_SeniorUnsecuredTermLoanFacilityMember" xml:lang="en-US">Senior Unsecured Term Loan Facility [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_SeniorUnsecuredTermLoanFacilityMember" xml:lang="en-US">Senior Unsecured Term Loan Facility</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_SeniorUnsecuredTermLoanFacilityMember" xml:lang="en-US">Represents senior unsecured term loan facility.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_SeniorUnsecuredTermLoanFacilityMember" xlink:to="lab_JH6547LMKH54_ocn_SeniorUnsecuredTermLoanFacilityMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAgreementMember" xlink:label="loc_5044688112K29H60F50I_ocn_ServicingAgreementMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAgreementMember" xml:lang="en-US">Servicing Agreement [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAgreementMember" xml:lang="en-US">Servicing agreement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_ServicingAgreementMember" xml:lang="en-US">Represents servicing agreement.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_ServicingAgreementMember" xlink:to="lab_7266800334M41J82H72K_ocn_ServicingAgreementMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MasterMortgageLoanSaleAgreementMember" xlink:label="loc_HF4325JKIF32_ocn_MasterMortgageLoanSaleAgreementMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_MasterMortgageLoanSaleAgreementMember" xml:lang="en-US">Master Mortgage Loan Sale Agreement [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_MasterMortgageLoanSaleAgreementMember" xml:lang="en-US">Master Mortgage Loan Sale Agreement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_MasterMortgageLoanSaleAgreementMember" xml:lang="en-US">Represents a master mortgage loan sale agreement.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_MasterMortgageLoanSaleAgreementMember" xlink:to="lab_JH6547LMKH54_ocn_MasterMortgageLoanSaleAgreementMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OcwenMortgageServicingIncMember" xlink:label="loc_5044688112K29H60F50I_ocn_OcwenMortgageServicingIncMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_OcwenMortgageServicingIncMember" xml:lang="en-US">Ocwen Mortgage Servicing Inc [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OcwenMortgageServicingIncMember" xml:lang="en-US">Ocwen Mortgage Servicing Inc</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_OcwenMortgageServicingIncMember" xml:lang="en-US">Represents the primary operating subsidiary.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_OcwenMortgageServicingIncMember" xlink:to="lab_7266800334M41J82H72K_ocn_OcwenMortgageServicingIncMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AltisourceResidentialLpMember" xlink:label="loc_HF4325JKIF32_ocn_AltisourceResidentialLpMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_AltisourceResidentialLpMember" xml:lang="en-US">Altisource Residential Lp [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_AltisourceResidentialLpMember" xml:lang="en-US">Altisource Residential LP</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_AltisourceResidentialLpMember" xml:lang="en-US">Represents the Altisource Residential LP.</label>
<label xlink:type="resource" xlink:label="lab_JH6547LMKH54_ocn_AltisourceResidentialLpMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Residential</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_AltisourceResidentialLpMember" xlink:to="lab_JH6547LMKH54_ocn_AltisourceResidentialLpMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_TermOfAgreement" xlink:label="loc_5044688112K29H60F50I_ocn_TermOfAgreement"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_TermOfAgreement" xml:lang="en-US">Term Of Agreement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_TermOfAgreement" xml:lang="en-US">Term of agreement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_TermOfAgreement" xml:lang="en-US">Represents the term of agreement.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_TermOfAgreement" xlink:to="lab_7266800334M41J82H72K_ocn_TermOfAgreement"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_SaleOfNonPerformingResidentialMortgageLoan" xlink:label="loc_HF4325JKIF32_ocn_SaleOfNonPerformingResidentialMortgageLoan_1"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_SaleOfNonPerformingResidentialMortgageLoan" xml:lang="en-US">Sale Of Non Performing Residential Mortgage Loan</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_SaleOfNonPerformingResidentialMortgageLoan" xml:lang="en-US">Sale of non-performing residential mortgage loan</label>

<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_SaleOfNonPerformingResidentialMortgageLoan_1" xlink:to="lab_JH6547LMKH54_ocn_SaleOfNonPerformingResidentialMortgageLoan"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_SaleOfNonPerformingResidentialMortgageLoan" xml:lang="en-US">Represents the sale of non performing residential mortgage loan under an agreement.</label>


<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_SpecialRestrictedStockAwardAgreementMember" xlink:label="loc_5044688112K29H60F50I_ocn_SpecialRestrictedStockAwardAgreementMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_SpecialRestrictedStockAwardAgreementMember" xml:lang="en-US">Special Restricted Stock Award Agreement [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_SpecialRestrictedStockAwardAgreementMember" xml:lang="en-US">Special Restricted Stock Award Agreement</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_SpecialRestrictedStockAwardAgreementMember" xml:lang="en-US">Represents a special restricted stock award agreement.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_SpecialRestrictedStockAwardAgreementMember" xlink:to="lab_7266800334M41J82H72K_ocn_SpecialRestrictedStockAwardAgreementMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PlanNameAxis" xlink:label="loc_HF4325JKIF32_us-gaap_PlanNameAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_PlanNameAxis" xml:lang="en-US">Plan Name [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_PlanNameAxis" xml:lang="en-US">Plan Name [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_PlanNameAxis" xlink:to="lab_JH6547LMKH54_us-gaap_PlanNameAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PlanNameDomain" xlink:label="loc_5044688112K29H60F50I_us-gaap_PlanNameDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_PlanNameDomain" xml:lang="en-US">Plan Name [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PlanNameDomain" xml:lang="en-US">Plan Name [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_PlanNameDomain" xlink:to="lab_7266800334M41J82H72K_us-gaap_PlanNameDomain"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_SpecialEquityIncentivePlan2012Member" xlink:label="loc_HF4325JKIF32_ocn_SpecialEquityIncentivePlan2012Member"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_SpecialEquityIncentivePlan2012Member" xml:lang="en-US">Special Equity Incentive Plan 2012 [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_SpecialEquityIncentivePlan2012Member" xml:lang="en-US">Special Equity Incentive Plan 2012</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_SpecialEquityIncentivePlan2012Member" xml:lang="en-US">Represents the 2012 special equity incentive plan.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_SpecialEquityIncentivePlan2012Member" xlink:to="lab_JH6547LMKH54_ocn_SpecialEquityIncentivePlan2012Member"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTitleOfIndividualAxis" xlink:label="loc_5044688112K29H60F50I_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTitleOfIndividualAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTitleOfIndividualAxis" xml:lang="en-US">Title Of Individual [Axis]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTitleOfIndividualAxis" xml:lang="en-US">Title of Individual [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTitleOfIndividualAxis" xlink:to="lab_7266800334M41J82H72K_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTitleOfIndividualAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_HF4325JKIF32_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xml:lang="en-US">Title Of Individual With Relationship To Entity [Domain]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xml:lang="en-US">Title of Individual with Relationship to Entity [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:to="lab_JH6547LMKH54_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BoardOfDirectorsChairmanMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_BoardOfDirectorsChairmanMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BoardOfDirectorsChairmanMember" xml:lang="en-US">Board Of Directors Chairman [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BoardOfDirectorsChairmanMember" xml:lang="en-US">Mr. Erbey</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BoardOfDirectorsChairmanMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_BoardOfDirectorsChairmanMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PresidentAndChiefExecutiveOfficerAndDirectorMember" xlink:label="loc_HF4325JKIF32_ocn_PresidentAndChiefExecutiveOfficerAndDirectorMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_PresidentAndChiefExecutiveOfficerAndDirectorMember" xml:lang="en-US">President and Chief Executive Officer and Director [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_PresidentAndChiefExecutiveOfficerAndDirectorMember" xml:lang="en-US">Ronald M. Faris</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_PresidentAndChiefExecutiveOfficerAndDirectorMember" xml:lang="en-US">First or second ranking officer of the entity that may be appointed by the board of directors and highest ranking executive officer, who has ultimate managerial responsibility for the entity and who reports to the board of directors. In addition, the chief executive officer (CEO) may also be the chairman of the board or president and person serving on the board of directors (who collectively have responsibility for governing the entity).</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_PresidentAndChiefExecutiveOfficerAndDirectorMember" xlink:to="lab_JH6547LMKH54_ocn_PresidentAndChiefExecutiveOfficerAndDirectorMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xlink:label="loc_5044688112K29H60F50I_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xml:lang="en-US">Stock Issued During Period, Shares, Restricted Stock Award, Gross</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xml:lang="en-US">Number of restricted stock issued</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xlink:to="lab_7266800334M41J82H72K_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_WlRossAndCoLlcMember" xlink:label="loc_HF4325JKIF32_ocn_WlRossAndCoLlcMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_WlRossAndCoLlcMember" xml:lang="en-US">Wl Ross and Co Llc [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_WlRossAndCoLlcMember" xml:lang="en-US">WLRoss and Co Llc</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_WlRossAndCoLlcMember" xml:lang="en-US">Represents the WL Ross &amp; Co LLC.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_WlRossAndCoLlcMember" xlink:to="lab_JH6547LMKH54_ocn_WlRossAndCoLlcMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="loc_5044688112K29H60F50I_us-gaap_PreferredStockMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockMember" xml:lang="en-US">Preferred Stock [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_PreferredStockMember" xml:lang="en-US">Preferred Stock</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_PreferredStockMember" xlink:to="lab_7266800334M41J82H72K_us-gaap_PreferredStockMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned" xlink:label="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned" xml:lang="en-US">Business Acquisition, Equity Interest Issued Or Issuable, Value Assigned</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned" xml:lang="en-US">Purchase price of acquisition paid in issuance of preferred stock</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned" xlink:to="lab_JH6547LMKH54_us-gaap_BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued" xlink:label="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued" xml:lang="en-US">Business Acquisition, Equity Interest Issued Or Issuable, Number Of Shares</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued" xml:lang="en-US">Number of preferred stock issued for acquisition</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued" xlink:to="lab_7266800334M41J82H72K_us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ConversionPriceOfPreferredSharesConvertedIntoCommonStock" xlink:label="loc_HF4325JKIF32_ocn_ConversionPriceOfPreferredSharesConvertedIntoCommonStock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_ConversionPriceOfPreferredSharesConvertedIntoCommonStock" xml:lang="en-US">Conversion Price Of Preferred Shares Converted Into Common Stock</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_ConversionPriceOfPreferredSharesConvertedIntoCommonStock" xml:lang="en-US">Conversion price of preferred shares converted into common stock</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_ConversionPriceOfPreferredSharesConvertedIntoCommonStock" xml:lang="en-US">Represents the conversion price per share of preferred shares into common stock.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_ConversionPriceOfPreferredSharesConvertedIntoCommonStock" xlink:to="lab_JH6547LMKH54_ocn_ConversionPriceOfPreferredSharesConvertedIntoCommonStock"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_CommitmentsAndContingenciesDisclosureTable" xlink:label="loc_5044688112K29H60F50I_ocn_CommitmentsAndContingenciesDisclosureTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_CommitmentsAndContingenciesDisclosureTable" xml:lang="en-US">Commitments And Contingencies Disclosure [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_CommitmentsAndContingenciesDisclosureTable" xml:lang="en-US">Schedule reflecting information about commitments and Contingencies.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_CommitmentsAndContingenciesDisclosureTable" xlink:to="lab_7266800334M41J82H72K_ocn_CommitmentsAndContingenciesDisclosureTable"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OcwenLoanServicingLlcMember" xlink:label="loc_HF4325JKIF32_ocn_OcwenLoanServicingLlcMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_OcwenLoanServicingLlcMember" xml:lang="en-US">Ocwen Loan Servicing Llc [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_OcwenLoanServicingLlcMember" xml:lang="en-US">Ocwen Loan Servicing, LLC</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_OcwenLoanServicingLlcMember" xml:lang="en-US">Represents Ocwen Loan Servicing LLC.</label>
<label xlink:type="resource" xlink:label="lab_JH6547LMKH54_ocn_OcwenLoanServicingLlcMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">OLS</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_OcwenLoanServicingLlcMember" xlink:to="lab_JH6547LMKH54_ocn_OcwenLoanServicingLlcMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_OneWestBankMember" xlink:label="loc_5044688112K29H60F50I_ocn_OneWestBankMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_OneWestBankMember" xml:lang="en-US">One West Bank [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_OneWestBankMember" xml:lang="en-US">One West Bank</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_OneWestBankMember" xml:lang="en-US">Represents One West Bank.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_OneWestBankMember" xlink:to="lab_7266800334M41J82H72K_ocn_OneWestBankMember"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_CommitmentsAndContingenciesDisclosureLineItems" xlink:label="loc_HF4325JKIF32_ocn_CommitmentsAndContingenciesDisclosureLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_CommitmentsAndContingenciesDisclosureLineItems" xml:lang="en-US">Commitments And Contingencies Disclosure [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_CommitmentsAndContingenciesDisclosureLineItems" xml:lang="en-US">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_CommitmentsAndContingenciesDisclosureLineItems" xlink:to="lab_JH6547LMKH54_ocn_CommitmentsAndContingenciesDisclosureLineItems"/>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_TerminationFee" xlink:label="loc_HF4325JKIF32_ocn_TerminationFee"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_TerminationFee" xml:lang="en-US">Termination Fee</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_TerminationFee" xml:lang="en-US">Expenses payable by party for termination.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_TerminationFee" xlink:to="lab_JH6547LMKH54_ocn_TerminationFee"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SubsequentEventTable" xlink:label="loc_5044688112K29H60F50I_us-gaap_SubsequentEventTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_us-gaap_SubsequentEventTable" xml:lang="en-US">Subsequent Event [Table]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_us-gaap_SubsequentEventTable" xml:lang="en-US">Subsequent Event [Table]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_us-gaap_SubsequentEventTable" xlink:to="lab_7266800334M41J82H72K_us-gaap_SubsequentEventTable"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SubsequentEventLineItems" xlink:label="loc_HF4325JKIF32_us-gaap_SubsequentEventLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_us-gaap_SubsequentEventLineItems" xml:lang="en-US">Subsequent Event [Line Items]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_us-gaap_SubsequentEventLineItems" xml:lang="en-US">Subsequent Event [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_us-gaap_SubsequentEventLineItems" xlink:to="lab_JH6547LMKH54_us-gaap_SubsequentEventLineItems"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BaseFeeAsPercentageOfServicingFees" xlink:label="loc_5044688112K29H60F50I_ocn_BaseFeeAsPercentageOfServicingFees"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_7266800334M41J82H72K_ocn_BaseFeeAsPercentageOfServicingFees" xml:lang="en-US">Base Fee As Percentage Of Servicing Fees</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_7266800334M41J82H72K_ocn_BaseFeeAsPercentageOfServicingFees" xml:lang="en-US">Monthly base fee payable to the servicer for subservice of related mortgage loans</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_7266800334M41J82H72K_ocn_BaseFeeAsPercentageOfServicingFees" xml:lang="en-US">Represents the base fee payable to the servicer for subservice of related mortgage loans as a percentage of servicing fees.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_5044688112K29H60F50I_ocn_BaseFeeAsPercentageOfServicingFees" xlink:to="lab_7266800334M41J82H72K_ocn_BaseFeeAsPercentageOfServicingFees"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_IncentiveFeeReductionPercentage" xlink:label="loc_HF4325JKIF32_ocn_IncentiveFeeReductionPercentage"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_JH6547LMKH54_ocn_IncentiveFeeReductionPercentage" xml:lang="en-US">Incentive Fee Reduction Percentage</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_JH6547LMKH54_ocn_IncentiveFeeReductionPercentage" xml:lang="en-US">Incentive fee reduction p.a percentage of excess servicing advances</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_JH6547LMKH54_ocn_IncentiveFeeReductionPercentage" xml:lang="en-US">Incentive fees percentage reduction for excess servicing advances.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_HF4325JKIF32_ocn_IncentiveFeeReductionPercentage" xlink:to="lab_JH6547LMKH54_ocn_IncentiveFeeReductionPercentage"/>





<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProfessionalAndContractServicesExpense" xlink:label="loc_us-gaap_ProfessionalAndContractServicesExpense"/>
<label xlink:type="resource" xlink:label="lab_us-gaap_ProfessionalAndContractServicesExpense" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Professional and Contract Services Expense</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfessionalAndContractServicesExpense" xlink:to="lab_us-gaap_ProfessionalAndContractServicesExpense"/>











<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_RecognizedLiabilityAdjustmentToInitialPurchasePriceAllocationRelatedToBusinessAcquicistion" xlink:label="loc_ocn_RecognizedLiabilityAdjustmentToInitialPurchasePriceAllocationRelatedToBusinessAcquicistion_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_RecognizedLiabilityAdjustmentToInitialPurchasePriceAllocationRelatedToBusinessAcquicistion" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Recognized Liability Adjustment To Initial Purchase Price Allocation Related To Business Acquicistion</label>

<label xlink:type="resource" xlink:label="lab_ocn_RecognizedLiabilityAdjustmentToInitialPurchasePriceAllocationRelatedToBusinessAcquicistion" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Recognized liability adjustment to initial purchase price allocation related acquicistion</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_RecognizedLiabilityAdjustmentToInitialPurchasePriceAllocationRelatedToBusinessAcquicistion_1" xlink:to="lab_ocn_RecognizedLiabilityAdjustmentToInitialPurchasePriceAllocationRelatedToBusinessAcquicistion"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_RecognizedLiabilityAdjustmentToInitialPurchasePriceAllocationRelatedToBusinessAcquicistion" xml:lang="en-US">Represents a liability for certain foreclosure matters recognized as an adjustment to the initial purchase price allocation related to a business acquisition.</label>






<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_TransfersOfFinancialAssetsTextBlock" xlink:label="loc_ocn_TransfersOfFinancialAssetsTextBlock_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_TransfersOfFinancialAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Transfers Of Financial Assets [Text Block]</label>
<label xlink:type="resource" xlink:label="lab_ocn_TransfersOfFinancialAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">TRANSFERS OF FINANCIAL ASSETS</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TransfersOfFinancialAssetsTextBlock_1" xlink:to="lab_ocn_TransfersOfFinancialAssetsTextBlock"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_TransfersOfFinancialAssetsTextBlock" xml:lang="en-US">The entire disclosure for a transferor's continuing involvement in financial assets that it has transferred in a securitization or asset-backed financing arrangement, the nature of any restrictions on assets reported by an entity in its statement of financial position that relate to a transferred financial asset (including the carrying amounts of such assets), how servicing assets and servicing liabilities are reported, and (for securitization or asset-backed financing arrangements accounted for as sales) when a transferor has continuing involvement with the transferred financial assets and transfers of financial assets accounted for as secured borrowings, how the transfer of financial assets affects an entity's financial position, financial performance, and cash flows.</label>

<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales" xlink:label="loc_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_1_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales</label>
<label xlink:type="resource" xlink:label="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Cash flows received from and paid to securitization trusts, Total</label>
<label xlink:type="resource" xlink:label="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US">Cash flows received from and paid to securitization trusts, Total</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales_1_1" xlink:to="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales" xml:lang="en-US">Cash Flows between a transferor and a transferee attributable to cash flows received from and paid to securitization trusts related to transfers accounted for as sales.</label>






<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_LoansRestrictedForSecuritizationInvestorsFairValue" xlink:label="loc_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Loans Restricted For Securitization Investors Fair Value</label>
<label xlink:type="resource" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Loans - Restricted for Securitization Investors to fair value</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_LoansRestrictedForSecuritizationInvestorsFairValue_1" xlink:to="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_LoansRestrictedForSecuritizationInvestorsFairValue" xml:lang="en-US">This element represents the adjustment to initially recognize loans which are restricted for securitization investors at fair value.</label>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ChangeInFairValueOfMortgageLoansHeldForSale" xlink:label="loc_ocn_ChangeInFairValueOfMortgageLoansHeldForSale"/>
<label xlink:type="resource" xlink:label="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Change In Fair Value Of Mortgage Loans Held For Sale</label>
<label xlink:type="resource" xlink:label="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Change in fair value of loans held for sale</label>
<label xlink:type="resource" xlink:label="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Decrease in fair value</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ChangeInFairValueOfMortgageLoansHeldForSale" xlink:to="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_ChangeInFairValueOfMortgageLoansHeldForSale" xml:lang="en-US">The increase (decrease) during the reporting period in the fair value of mortgage loans that are held with the intention to sell or be securitized in the near future.</label>






<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained" xlink:label="loc_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained"/>
<label xlink:type="resource" xlink:label="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Gain On Sale Of Loans Including Value Assigned To Msrs Retained</label>
<label xlink:type="resource" xlink:label="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents the gain on sale of loans including value assigned to MSRs retained.</label>
<label xlink:type="resource" xlink:label="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Gain on sales of loans</label>
<label xlink:type="resource" xlink:label="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Gain on sales of loans</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained" xlink:to="lab_ocn_GainOnSaleOfLoansIncludingValueAssignedToMsrsRetained"/>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAssetAtAmortizedValueMsrsRetained" xlink:label="loc_ocn_ServicingAssetAtAmortizedValueMsrsRetained"/>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAssetAtAmortizedValueMsrsRetained" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Servicing Asset At Amortized Value Msrs Retained</label>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAssetAtAmortizedValueMsrsRetained" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Amortized carrying amount (balance) as of the balance sheet date of an asset representing net future revenues from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to mortgage servicing arrangements retained.</label>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAssetAtAmortizedValueMsrsRetained" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Mortgage servicing rights, at amortized cost</label>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAssetAtAmortizedValueMsrsRetained" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US">Balance at December 31</label>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAssetAtAmortizedValueMsrsRetained" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US">Balance at June 30</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAssetAtAmortizedValueMsrsRetained" xlink:to="lab_ocn_ServicingAssetAtAmortizedValueMsrsRetained"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MortgageServicingRightsAtFairValue" xlink:label="loc_ocn_MortgageServicingRightsAtFairValue_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageServicingRightsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mortgage Servicing Rights At Fair Value</label>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageServicingRightsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Mortgage servicing rights, at fair value</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingRightsAtFairValue_1" xlink:to="lab_ocn_MortgageServicingRightsAtFairValue"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_MortgageServicingRightsAtFairValue" xml:lang="en-US">Fair value as of the balance sheet date of an asset representing mortgage servicing rights.</label>

<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_FairValueInputsWeightedAverageLife" xlink:label="loc_ocn_FairValueInputsWeightedAverageLife_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_FairValueInputsWeightedAverageLife" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Fair Value Inputs Weighted Average Life</label>
<label xlink:type="resource" xlink:label="lab_ocn_FairValueInputsWeightedAverageLife" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Weighted average life (in years)</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_FairValueInputsWeightedAverageLife_1" xlink:to="lab_ocn_FairValueInputsWeightedAverageLife"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_FairValueInputsWeightedAverageLife" xml:lang="en-US">Weighted average life, used as an input to measure fair value.</label>

<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_RepaymentOfMatchFundedLiabilities" xlink:label="loc_ocn_RepaymentOfMatchFundedLiabilities_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_RepaymentOfMatchFundedLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Repayment Of Match Funded Liabilities</label>
<label xlink:type="resource" xlink:label="lab_ocn_RepaymentOfMatchFundedLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Repayment of match funded liabilities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_RepaymentOfMatchFundedLiabilities_1" xlink:to="lab_ocn_RepaymentOfMatchFundedLiabilities"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_RepaymentOfMatchFundedLiabilities" xml:lang="en-US">The portion of the sales proceeds used to repay match funded liabilities.</label>

<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PaymentsToAcquireBusinessesNetOfCashAcquiredTwo" xlink:label="loc_ocn_PaymentsToAcquireBusinessesNetOfCashAcquiredTwo_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_PaymentsToAcquireBusinessesNetOfCashAcquiredTwo" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Payments To Acquire Businesses Net Of Cash Acquired Two</label>
<label xlink:type="resource" xlink:label="lab_ocn_PaymentsToAcquireBusinessesNetOfCashAcquiredTwo" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Cash paid to acquire Liberty Home Equity Solutions, Inc.</label>
<label xlink:type="resource" xlink:label="lab_ocn_PaymentsToAcquireBusinessesNetOfCashAcquiredTwo" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US">Cash paid to acquire Liberty Home Equity Solutions, Inc.</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PaymentsToAcquireBusinessesNetOfCashAcquiredTwo_1" xlink:to="lab_ocn_PaymentsToAcquireBusinessesNetOfCashAcquiredTwo"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_PaymentsToAcquireBusinessesNetOfCashAcquiredTwo" xml:lang="en-US">The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase.</label>

<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_NoncashOrPartNoncashAcquisitionCashAcquired" xlink:label="loc_ocn_NoncashOrPartNoncashAcquisitionCashAcquired_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionCashAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Noncash Or Part Noncash Acquisition Cash Acquired</label>
<label xlink:type="resource" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionCashAcquired" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Less cash acquired</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_NoncashOrPartNoncashAcquisitionCashAcquired_1" xlink:to="lab_ocn_NoncashOrPartNoncashAcquisitionCashAcquired"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_NoncashOrPartNoncashAcquisitionCashAcquired" xml:lang="en-US">The amount of cash that an Entity acquires in a noncash (or part noncash) acquisition.</label>





<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue" xlink:label="loc_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue"/>
<label xlink:type="resource" xlink:label="lab_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Percentage Of Loan Transferred Through Securitization, 60 Days Or More Past Due</label>
<label xlink:type="resource" xlink:label="lab_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents percentage of transferred residential loans that were 60 or more days past due at period end.</label>
<label xlink:type="resource" xlink:label="lab_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Percentage of loan transferred</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue" xlink:to="lab_ocn_PercentageOfLoanTransferredThroughSecuritization60DaysOrMorePastDue"/>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_AdvancesAndMortgageServicingRightsSold" xlink:label="loc_ocn_AdvancesAndMortgageServicingRightsSold"/>
<label xlink:type="resource" xlink:label="lab_ocn_AdvancesAndMortgageServicingRightsSold" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Advances And Mortgage Servicing Rights Sold</label>
<label xlink:type="resource" xlink:label="lab_ocn_AdvancesAndMortgageServicingRightsSold" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">This element represents advances and MSRs sold.</label>

<label xlink:type="resource" xlink:label="lab_ocn_AdvancesAndMortgageServicingRightsSold" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Purchase price</label>



<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_AdvancesAndMortgageServicingRightsSold" xlink:to="lab_ocn_AdvancesAndMortgageServicingRightsSold"/>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAdvancesSold" xlink:label="loc_ocn_ServicingAdvancesSold"/>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAdvancesSold" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Servicing Advances Sold</label>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAdvancesSold" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">This element represents servicing advances sold.</label>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAdvancesSold" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Servicing advances</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAdvancesSold" xlink:to="lab_ocn_ServicingAdvancesSold"/>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MortgageServicingRightsSold" xlink:label="loc_ocn_MortgageServicingRightsSold"/>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageServicingRightsSold" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mortgage Servicing Rights Sold</label>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageServicingRightsSold" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">This element respresents mortgage servicing rights sold.</label>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageServicingRightsSold" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Associated Rights to MSRs</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingRightsSold" xlink:to="lab_ocn_MortgageServicingRightsSold"/>



<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MortgageServicingAbstract" xlink:label="loc_ocn_MortgageServicingAbstract"/>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageServicingAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mortgage Servicing [Abstract]</label>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageServicingAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Transfers and Servicing [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingAbstract" xlink:to="lab_ocn_MortgageServicingAbstract"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MortgageServicingTextBlock" xlink:label="loc_ocn_MortgageServicingTextBlock_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageServicingTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mortgage Servicing [Text Block]</label>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageServicingTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">MORTGAGE SERVICING</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageServicingTextBlock_1" xlink:to="lab_ocn_MortgageServicingTextBlock"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_MortgageServicingTextBlock" xml:lang="en-US">The entire disclosure for mortgage servicing rights acquired in business or assets acquisitions, including assets that are retained through a securitization or asset-backed financing arrangement.</label>





<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PostBusinessAcquisitionRevenue" xlink:label="loc_ocn_PostBusinessAcquisitionRevenue"/>
<label xlink:type="resource" xlink:label="lab_ocn_PostBusinessAcquisitionRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Post Business Acquisition Revenue</label>
<label xlink:type="resource" xlink:label="lab_ocn_PostBusinessAcquisitionRevenue" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Aggregate post acquisition revenue recognized during the period.</label>
<label xlink:type="resource" xlink:label="lab_ocn_PostBusinessAcquisitionRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Revenues</label>
<label xlink:type="resource" xlink:label="lab_ocn_PostBusinessAcquisitionRevenue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Revenue</label>
<label xlink:type="resource" xlink:label="lab_ocn_PostBusinessAcquisitionRevenue" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Total revenue</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PostBusinessAcquisitionRevenue" xlink:to="lab_ocn_PostBusinessAcquisitionRevenue"/>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PostAcquisitionNetIncomeLoss" xlink:label="loc_ocn_PostAcquisitionNetIncomeLoss"/>
<label xlink:type="resource" xlink:label="lab_ocn_PostAcquisitionNetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Post Acquisition Net Income Loss</label>


<label xlink:type="resource" xlink:label="lab_ocn_PostAcquisitionNetIncomeLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Net income</label>

<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PostAcquisitionNetIncomeLoss" xlink:to="lab_ocn_PostAcquisitionNetIncomeLoss"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_PostAcquisitionNetIncomeLoss" xml:lang="en-US">Represents post acquisition profit or loss for the period.</label>





<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_ServicingAssetAtFairValueAdditionsTwo" xlink:label="loc_ocn_ServicingAssetAtFairValueAdditionsTwo"/>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAssetAtFairValueAdditionsTwo" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Servicing Asset At Fair Value Additions Two</label>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAssetAtFairValueAdditionsTwo" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The value of new servicing assets, subsequently measured at amortized cost, acquired or created during the current period through purchases or from transfers of financial assets.</label>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAssetAtFairValueAdditionsTwo" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">MSRs</label>
<label xlink:type="resource" xlink:label="lab_ocn_ServicingAssetAtFairValueAdditionsTwo" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">MSRs retained on sales of loans</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_ServicingAssetAtFairValueAdditionsTwo" xlink:to="lab_ocn_ServicingAssetAtFairValueAdditionsTwo"/>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BalanceOfNotesOutstanding" xlink:label="loc_ocn_BalanceOfNotesOutstanding"/>
<label xlink:type="resource" xlink:label="lab_ocn_BalanceOfNotesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Balance Of Notes Outstanding</label>
<label xlink:type="resource" xlink:label="lab_ocn_BalanceOfNotesOutstanding" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents the outstanding balance of match funded liabilities related to a specific facility for which there exists a guaranty.</label>
<label xlink:type="resource" xlink:label="lab_ocn_BalanceOfNotesOutstanding" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Balance of notes outstanding</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BalanceOfNotesOutstanding" xlink:to="lab_ocn_BalanceOfNotesOutstanding"/>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationMortgageLoansHeldForSale" xlink:label="loc_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageLoansHeldForSale"/>
<label xlink:type="resource" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageLoansHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Business Acquisition Purchase Price Allocation Mortgage Loans Held For Sale</label>
<label xlink:type="resource" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageLoansHeldForSale" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to mortgage loans expected to be sold.</label>
<label xlink:type="resource" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageLoansHeldForSale" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Loans held for sale</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageLoansHeldForSale" xlink:to="lab_ocn_BusinessAcquisitionPurchasePriceAllocationMortgageLoansHeldForSale"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinesses"/>
<label xlink:type="resource" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Proceeds from Divestiture of Businesses</label>
<label xlink:type="resource" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Proceeds from sale of business</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:to="lab_us-gaap_ProceedsFromDivestitureOfBusinesses"/>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired" xlink:label="loc_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired"/>
<label xlink:type="resource" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Business Acquisition Purchase Price Allocation Reverse Mortgage Loan Acquired</label>
<label xlink:type="resource" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents the amount of acquisition cost of a business combination allocated to reverse mortgage loan.</label>
<label xlink:type="resource" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Reverse mortgage loan cash acquired</label>
<label xlink:type="resource" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Reverse mortgage loan acquired</label>
<label xlink:type="resource" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xml:lang="en-US">Residential mortgage loan cash acquired</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired" xlink:to="lab_ocn_BusinessAcquisitionPurchasePriceAllocationReverseMortgageLoanAcquired"/>




<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MortgageLoansRequiredToBeRepurchased" xlink:label="loc_ocn_MortgageLoansRequiredToBeRepurchased"/>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageLoansRequiredToBeRepurchased" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mortgage Loans Required To Be Repurchased</label>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageLoansRequiredToBeRepurchased" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents the balance of mortgage loans repurchased from GNMA.</label>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageLoansRequiredToBeRepurchased" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Mortgage loans, repurchase amount</label>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageLoansRequiredToBeRepurchased" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Debt instrument, repurchase amount</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageLoansRequiredToBeRepurchased" xlink:to="lab_ocn_MortgageLoansRequiredToBeRepurchased"/>





<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PercentageOfJointVentureOwnershipInterestAcquired" xlink:label="loc_ocn_PercentageOfJointVentureOwnershipInterestAcquired"/>
<label xlink:type="resource" xlink:label="lab_ocn_PercentageOfJointVentureOwnershipInterestAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Percentage Of Joint Venture Ownership Interest Acquired</label>
<label xlink:type="resource" xlink:label="lab_ocn_PercentageOfJointVentureOwnershipInterestAcquired" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents the percentage of joint venture ownership interest acquired from related party.</label>
<label xlink:type="resource" xlink:label="lab_ocn_PercentageOfJointVentureOwnershipInterestAcquired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US">Noncontrolling Interest, Ownership Percentage by Parent</label>
<label xlink:type="resource" xlink:label="lab_ocn_PercentageOfJointVentureOwnershipInterestAcquired" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Joint venture, ownership percentage acquired</label>
<label xlink:type="resource" xlink:label="lab_ocn_PercentageOfJointVentureOwnershipInterestAcquired" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xml:lang="en-US">Ownership percentage</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PercentageOfJointVentureOwnershipInterestAcquired" xlink:to="lab_ocn_PercentageOfJointVentureOwnershipInterestAcquired"/>

















<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:label="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo"/>
<label xlink:type="resource" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Transfers Accounted For As Secured Borrowings Assets Carrying Amount Two</label>
<label xlink:type="resource" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Carrying amount of accumulated prepayments made by financial institutions on behalf of borrowers for principal, interest, taxes (for example, property taxes) and insurance (for example, property and catastrophe) accounted for as secured borrowings recognized in the transferor's statement of financial position at the end of each period presented.</label>
<label xlink:type="resource" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Match funded advances</label>
<label xlink:type="resource" xlink:label="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US">Match funded advances</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo" xlink:to="lab_ocn_TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmountTwo"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities" xlink:label="loc_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Business Acquisition Purchase Price Allocation Warehouse Facilities</label>
<label xlink:type="resource" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Amount of warehouse facilities</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities_1" xlink:to="lab_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_BusinessAcquisitionPurchasePriceAllocationWarehouseFacilities" xml:lang="en-US">The amount of acquisition cost of a business combination allocated to warehouse facilities to be used in ongoing operations.</label>





<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_MortgageBackedSecurityBorrowings" xlink:label="loc_ocn_MortgageBackedSecurityBorrowings"/>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageBackedSecurityBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mortgage Backed Security Borrowings</label>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageBackedSecurityBorrowings" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US">Represents the mortgage backed security borrowings.</label>
<label xlink:type="resource" xlink:label="lab_ocn_MortgageBackedSecurityBorrowings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">HMBS-related borrowings</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_MortgageBackedSecurityBorrowings" xlink:to="lab_ocn_MortgageBackedSecurityBorrowings"/>
<loc xlink:type="locator" xlink:href="ocn-20130630.xsd#ocn_PrepaidLenderFeesWrittenOffToInterestExpenses" xlink:label="loc_ocn_PrepaidLenderFeesWrittenOffToInterestExpenses_1"/>
<label xlink:type="resource" xlink:label="lab_ocn_PrepaidLenderFeesWrittenOffToInterestExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Prepaid Lender Fees Written Off To Interest Expenses</label>
<label xlink:type="resource" xlink:label="lab_ocn_PrepaidLenderFeesWrittenOffToInterestExpenses" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Prepaid lender fees written-off to interest expenses</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ocn_PrepaidLenderFeesWrittenOffToInterestExpenses_1" xlink:to="lab_ocn_PrepaidLenderFeesWrittenOffToInterestExpenses"/><label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ocn_PrepaidLenderFeesWrittenOffToInterestExpenses" xml:lang="en-US">Represents the prepaid lender fees written off to interest expenses.</label>

<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeFinancialInstrumentsAssetsFairValueDisclosure" xlink:label="loc_us-gaap_DerivativeFinancialInstrumentsAssetsFairValueDisclosure"/>
<label xlink:type="resource" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsAssetsFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Derivative Financial Instruments, Assets, Fair Value Disclosure (Deprecated 2011-01-31)</label>
<label xlink:type="resource" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsAssetsFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Derivative financial instruments</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFinancialInstrumentsAssetsFairValueDisclosure" xlink:to="lab_us-gaap_DerivativeFinancialInstrumentsAssetsFairValueDisclosure"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis"/>
<label xlink:type="resource" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Hedging Relationship [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="loc_us-gaap_HedgingRelationshipDomain"/>
<label xlink:type="resource" xlink:label="lab_us-gaap_HedgingRelationshipDomain" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Hedging Relationship [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingRelationshipDomain" xlink:to="lab_us-gaap_HedgingRelationshipDomain"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashFlowHedgingMember" xlink:label="loc_us-gaap_CashFlowHedgingMember"/>
<label xlink:type="resource" xlink:label="lab_us-gaap_CashFlowHedgingMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Cash Flow Hedging [Member]</label>
<label xlink:type="resource" xlink:label="lab_us-gaap_CashFlowHedgingMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">Cash flow hedge</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowHedgingMember" xlink:to="lab_us-gaap_CashFlowHedgingMember"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossLineItems" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossLineItems"/>
<label xlink:type="resource" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Derivative Instruments, Gain (Loss) [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossLineItems" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossLineItems"/>
</labelLink></linkbase>
